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A group of dignitaries clap hands at the opening of the IBK’s Changkong branch in Guro-dong, Seoul,Oct. 1, led by Chairman Choi Jong-gu of Financial Services Commission, 3rd L, Rep. Min Byung-doo , chairman of the National Assembly Political Committee, 3rd R, and President Kim Do-jin of the Industr…
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Chairman Shin Chang-jae.Kyobo Life Insurance has moved to reform its operation centered on financial planners. It aims at strengthening its overall marketing operation with CEO Shin Chang-jae directly getting reports from assistant managers operating at jobsites across the country.The biggest change…
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Chairman Kim Yong-duk of the Korea Non-Life Insurance Association. (Photo: KNIA)South Korea is the world’s seventh largest insurance market, worth an estimated $14 billion in non-life and $34 billion for life insurance, second only to China in Asia. If the FTA with is ratified, domestic insure…
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Chairman Park Hyeon-joo of Mirae Asset Daewoo Group. (Photo: Mirae Asset Daewoo Group)Domestic securities firms generated much more profits from their overseas operations in the first half of this year than when they first started two years ago. Overseas sales amounted to $66 million, up 17 times co…
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Chairman Kwon Yong-won of the Korea Financial Investment Association(KOFIA)Korea Financial Investment Association (Kofia) will make sure that stock transactions using company funds to purchase shares and dividends for individuals are more clearly defined. Kofia will take action from the first quarte…
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President Wi Sung-ho of Shinhan Bank. (Photos: Shinhan Bank)Shinhan Bank won the 2018 Fintech Grand Award in the Service Sector for providing tailor-made financial services by combining six apps, including Shinhan S Bank and Sunny Bank under its Shinhan Bank SOL platform, which already attracted 6.5…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photos: SFG) Joseph Y. Bae, Co-president.(left) George R. Roberts, Chairman of KKR.Kohlberg, Kravis and Roberts (KKR), a global PEF, will soon become a major shareholder of Shinhan Financial Group when it acquires around 3.55 percent of the…
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President Hur Yin of KB Kookmin Bank.KB Kookmin Bank has been focusing on supporting SMEs’ reformed growth and expanding its role to introduce funds to strengthen its role as a leading financial institution.The bank has been releasing funds based on the possibility of growth, not necessarily based …
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Chairman Yoon Jong-kyoo of KB Financial Group speaks at a ceremony for the opening of KB Kookmin Bank’s third branch in Cambodia early last year. (Photo: KB Financial Group)Chairman Yoon Jong-kyoo has been on a trip to Southeast Asia after stopovers in Beijing and Shanghai in a bid to speed up KB F…
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Chairman Kim Kwang-soo of NH Financial Group. (Photo: NHFG) NH Financial Group has been pushing globalization and digitalization as the two main points of its management strategy this year, with a special emphasis on globalization as the initial year for the push. The group targets generating 10 per…
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LG Chem Vice Chairman & CEO Shin Hak-cheol. (Photos: LG Chem)LG Chem announced on May 8 that it had hosted the Zemi-CONNECT Global symposium in Bangkok, Thailand, gathering over 120 endocrinologists from Korea, Thailand, and the Philippines. …
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(From left) Toyota Tsusho President & CEO Toshimitsu Imai, Circular Economy Division COO Masaharu Katayama, LG Energy Solution CSO Kang Chang-beom and LG Energy Solution CEO Kim Dong-myung pose for a photo at a JV signing ceremony on June 19. (Ph…
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Chairman Cho Won-tae of Hanjin Business Group. (Photo: Korean Air)Chairman Cho Won-tae of Hanjin Business Group, concurrently CEO of Korean Air, said, “Korea’s next government should prioritize ways of protecting the Korean aviation industry from t…
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Models introduce Samsung Electronics’ Galaxy S25 Edge, a category-defining slim smartphone joining the Galaxy S series, which went on sale in Korea from May 23. (Photo: Samsung Electronics)Samsung Electronics on May 13 revealed the full specificatio…
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