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President Yoon Yeol-hyun of Kyobo Life Insurance Co. (Photos: Kyobo Life)Kyobo Life Insurance Co. named advisor Yoon Yeol-hyun as its president on March 6, taking over some of the responsibilities from Shin Yong-gil, the life insurance firm announced on March 7.The personnel move is intended to ease…
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Chairman Choi Jong-gu of the Financial Services Commission(FSC).The Financial Services Commission with the support of the Ministry of Justice and the Ministry of Economy and Finance came up with the Financial Reform Plan centered in the Future Growth Potential and Venture Capital, and the FSC announ…
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Chairman Eun Sung-soo of the Export and Import Bank of Korea (Eximbank). (Photo: Eximbank)The Export and Import Bank of Korea (Korea Eximbank) is ready to provide 62 trillion won in investments, loans and 13 trillion won in credit guarantees this year to help the Korean firms clinch project orders o…
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President Moon Chang-yong of Korea Asset Management Corp(KAMCO)The Korea Asset Management Corporation (KAMCO) set up a special unit to take charge of reviewing the selection of the companies for the development of state-owned land managed by KAMCO. The special unit will also review the agreements si…
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President Wi Sung-bak of Korea Deposit Insurance Corp.(KDIC)The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation established in 1996 to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk survei…
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Chairman Cho Yong-byoung of Shinhan Financial Group.Shinhan Financial Group said on March 24 it launched the Shinhan Reform Finance Promotion Committee to give financial support to SMEs, venture firms and reform-minded firms. The move is in step with the government’s Productive Financial Vision.Pre…
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Chairman Yoon Jong-kyoo of KB Financial Group.Chairman Yoon Jong-kyoo of KB Financial Group said the group will look for a life insurance firm this year for takeover to strengthen the group’s fundamentals. He made the comments at a general meeting of the shareholders on March 27. He was answering a…
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Chairman Kim Jung-tai of Hana Financial Group.(HFG)On Jan. 11, 2014, Hana Financial Group held a 'Start 2014' event. Attended by 12,000 executives and employees, the event served as an occasion to promulgate the Group's new vision, 'The Trusted Premiere Global Financial Group', and to make the pledg…
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Chairman Kim Gwang-soo of NH Financial Group.NH Financial Group plans to consider buying a stake investment in the Agri Bank, the largest bank in Vietnam, the group said on March 3, adding that it is part of the company’s drive to speed up its overseas operation centered around southeast Asia.The g…
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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group has been working on its globalization strategy for some time now, knowing that the domestic financial market is too crowded to grow profits, so it should go overseas in search of greener pastures.The financial group …
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President Lee Jae-myung poses with business leaders from Korea and Chile, including Chmn. Lee Woo-hyun of OCI Holdings, concurrently chairman of the Korean-Chilean Business Cooperation Committee, Chmn. Jang In-hwa of POSCO Holdings, Chmn. Koo Ja-eun …
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LS ELECTRIC Executive Vice President Lee Chung-hee and Steve Nelson, Mayor of Cedar City, pose wit others at a ground-breaking ceremony for the expansion of the company’s key local production hub, LS ELECTRIC Utah Inc., in Cedar City, Utah, on June …
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Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry (KCCI) delivers a speech at an opening session of the 49th Jeju Forum hosted by KCCI on July 15. (Photo: KCCI)Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry (KCC…
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Doosan Group Chairman Park Jung-won presents a sculpture symbolizing Doosan as a souvenir to NVIDIA CEO Jensen Huang on June 7. (Photo: Doosan Group)Doosan Group plans to engage in all-round promotion with Nvidia to explore new opportunities in areas…
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