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President Kim Jae-shik of Mirae Asset Life Insurance Co.A scene from the temporary shareholders’ meeting of Mirae Asset Life Insurance Co. held on Aug. 4.(Photos: Mirae Asset)
The insurance industry has been edgy over the changes that the IFRS17 (the International Financial Reporting Standard 17) …
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Chairman Kim Jung-tae of Hana Financial Group.(Photo: HFG)Hana Financial Group saw its 2nd Qtr. net profit jump the highest in its history, logging 538.9 billion won, up 53 percent from 352.1 billion won from the same period last year, the group said on July 21.The financial group attributed the rec…
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Woori Bank will inject $100 million into its Indonesian subsidiary to bolster its capital base and groom it to be one of the top five lenders in the Southeast Asian country.
According to multiple sources from the financial industry on June 28, PT Bank Woori Saudara received approval from the Indo…
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Vice Chairman Kim Nam-goo of Korea Investment Holdings Co.
Korea Investment Holding Co. has consistently maintained a high share price thanks to the daring investments made by Vice Chairman Kim Nam-goo.
The price of its common shares has jumped around 60 percent since early this year, the highest …
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Kyobo Life Insurance Co.’s says its life-time insurance offering, Kyobo Faithful Universal Variable Insurance, that is faithful to the core concept of what a life insurance policy ought to do.
The insurance product allows part of the premium to be invested in funds so that the premium and cash v…
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President Lim Tae-soon of Cape Investment and Securities Co.
Cape Investment and Securities has been named the priority bidder in the auction for a 10.04 pct stake in SK Securities Co., beating out Q Capital Partners, SK Co. said on July 25.
The company said it received bids from Cape Investment a…
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CEO Yoon Kyung-eun of Hyundai Securities and former President Chon Byung-jo of KB Investment and Securities, greet each other at a media briefing early in January announcing the merger of the two securities firms, the largest IB operator in the securities industry with its combined capital amounting…
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Chairman Yoon Jong-kyoo of KB Financial Group.
KB Financial Group has been doing very well this year when it comes to expanding its operation.
Under Chairman Yoon Jong-kyoo, the group’s leadership managed to take over Hyundai Securities last year and is about to make on KB Non-Life Insurance Co. …
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President Wi Sung-ho of Shinhan Bank.
President Wi Sung-ho of Shinhan Bank, true to his reputation as an digital banking expert when he was with Shinhan Card, has put in motion a plan to expand the bank’s digitization moves, including boosting the adoption of Fintech.
His reform plan involves let…
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President Ham Young-joo of KEB Hana Bank.
KEB Hana Bank is slated to officially open its new building Gran Seoul in Cheongjin-dong, downtown Seoul. The offices and desks in the new building will be arranged similar to those of start-ups in that will be for joint use, not necessarily assigned to ind…
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GS Caltex CEO Hur Sae-hong. (Photos: GS Caltex)GS Caltex released its 2025 Sustainability Report, containing the company’s achievements in the ESG sector during 2025. The latest sustainability report is the 21st that GS Caltex has published sin…
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Dignitaries, including Minister Kim Sung-hwan of the Ministry of Climate, Energy and Environment (MCEE), Mayor Min Hyung-bae of Gwangju-Jeonnam Integrated Special Metropolitan City, President Lee Young-jo Korea Midland Power Co. (KOMIPO) pose at a gr…
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President Lee Jung-bok of Korea Western Power (KOWEPO) and other KOWEPO managers, such as department heads or higher, participate in “One Heart Workshop,” which took place at Benikia Hotel in Seosan, Chungcheongnam-do, from July 10 to 11. (Photo: K…
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President Kang Yong-seok of Korea Marine Environment Management Corp. (KOEM)Korea Marine Environment Management Corp. (KOEM) has converted a three-decade-plus old-plus ship into an eco-friendly, hybrid one designed to support safe port travel to redu…
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