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Chairman Shin Chang-jae of Kyobo Life Insurance Co. (Photos: Kyobo Life)Chairman Shin Chang-jae of Kyobo Life Insurance Co. in his New Year’s address on Jan. 2 said Kyobo has to speed up digital reform centered on customers. “We should digitalize the entire operational processes from the subscript…
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Chairman Park Hyeon-joo of Mirae Asset Group.Mirae Asset Daewoo took over a new logistics center being run by Amazon, the largest e-commerce firm in the world, for $78 million on Dec. 26 from its owner the USA Real Estate Co., the company said. The distribution center is located in Atlanta, Georgia,…
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President Jeong Young-chae of NH Investment & Securities Co. NH Investment & Securities published a book on its achievement in having 40,000 times more capital on Jan. 16 - its 50th anniversary – than it did 50 years ago. The company also set up a memorial hall to remember the notable …
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President Chung Il-moon delivers his inaugural speech at a ceremony held on Jan. 7 at Korea Investment & Securities Co.President Chung Il-moon of Korea Investment & Securities Co. (KIS) said the securities firm’s operating profit will be boosted to 1 trillion won this year and its net profi…
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President Lee Dae-hoon of NH Bank explains the bank’s plan for the new year at a session of the HI Jobsite Management 2019 held at the NH Financial Group’s South Gyongsang Province Regional Headquarters in Changwon on Jan. 19. (Photo: NH Bank)President Lee Dae-houn of NH Bank in his New Year’s sp…
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Chairman Eun Sung-soo of the Export-Import Bank of Korea (Eximbank).Chairman Eun Sung-soo of the Export and Import Bank of Korea (Korea Eximbank), in his New Year’s speech, said the bank will seek out export-type new growth companies in the new year, support them to expand the base of the country’…
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Key executives of Woori Bank, led by President Sohn Tae-seung, are pictured holding each letter declaring 120th Anniversary of the bank at a ceremony held on Jan. 4 at Plaza Hotel in downtown Seoul. (Photo: Woori Bank)Woori Bank celebrated its 120th anniversary on Jan. 4 at the Plaza Hotel in down t…
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Chairman Lee Dong-geol of Korea Development Bank(KDB) (Photo: KDB)Chairman Lee Dong-geol of Korea Development Bank(KDB) in his New Year’s address said that the bank will take care of those areas that need urgent changes one-by-one, saying that the areas that need changes include personnel, organiza…
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President Jeong Won-jai of Woori Card clinched the 2018 Financial Grand Award in the credit finance sector in recognition for his achievements, including boosting the company’s profits thru a detailed analysis of Big Data on customer demand and the consumption patterns to pick the products that the…
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President Ham Young-joo of KEB Hana Bank.KEB Hana Bank is out to boost its global operation this year by setting up a financial headquarters in key financial centers around the world, including the U.S., Europe and southeast Asia, among others. President Ham Young-joo announced on Dec. 30, 2018, tha…
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Nongshim CEO Jo Yong-chul makes a presentation on the success of Shin Ramyun at Lotte Hotel in Seoul on May 13. (Photos: Nongshim)Nongshim announced on May 13 that cumulative sales of Shin Ramyun, which marks its 40th anniversary this year, surpassed…
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Chairman Cho Won-tae of Hanjin Group. Korean Air has gotten a lot of “love” from financial markets, in particular for the brainchild of the merger, Chairman Cho Won-tae of Hanjin Group. The historic M&A with Asiana Airlines is evaluat…
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A view of Samsung Electronics Suwon Digital City. (Photo: Samsung Electronics)Labor and management of Samsung Electronics reached a tentative agreement on incentives at the last minute on May 20, averting a strike one and half hours before the deadli…
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Hyundai Motor Vice Chair Chang Jae-hoon (right) poses for a photo with Vice Minister of Trade, Industry and Resources Moon Shin-hak at the 23rd Automobile Day Event on May 12.Hyundai Motor Group Vice Chair Chang Jae-hoon won the Gold Tower Order of I…
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