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Chairman Park Jong-soo of Korea Financial Investment Association.(photo courtesy of (KOFIA))Chairman Park Jong-soo of the Korea Financial Investment Association (KOFIA) attended the 27th annual conference of the International Investment Fund Association and New Portfolio Korea meetings from Oct. 16-…
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President Won Jong-kyu of Korea Reinsurance Corp.(Korean Re).(photo courtesy of Korean Re)
Korean Re rose to 9th place in the global reinsurance market with gross written premiums of $5.1 billion in FY 2012. It moved up one notch from 10th in FY 2011 in the ranking of the global top 50 reinsur…
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President Cho Joon-hee of the Industrial Bank of Korea. The Industrial Bank of Korea (IBK) held a meeting of more than 1,000 branch managers all over the country to talk about IBK’s second half management strategy presided over by President Cho Joon-hee at the bank’s Chungju Training I…
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A slew of dignitaries at the Myanmar Investment Seminar led by Deputy Prime Minister Hyun Oh-seok and Chmn. Kim Yong-hwan of Korea Exim Bank. The Korea Export and Import (Exim) Bank held the Myanmar Investment Seminar at the International Conference Room of the Korea Federation…
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President Lee Kun-ho of Kookmin Bank. (photo: KB) President Lee Kun-ho of Kookmin Bank said he is not just a salesman whose businesses are over when each sale is concluded and added that one cannot win the trust of the people by just seeking profit.
The new CEO made the remark as …
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Chairman Han Dong-woo of Shinhan Financial Group. (photo: Shinhan Bank) Shinhan Financial Group has become the first Korean financial group to be listed on Dow Jones’ DISI World Index, joining 332 world-renowned other companies, or about 13.2 percent of the 2,523 top firms around the wo…
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Chairman Kim Jung-tai of Hana Financial Group.(photo: HFG) The Hana Financial Group has been further stepping up its reach around the world in an effort to rank among the top 50 global financial firms by 2015, the group said recently.
Right now, the financial group has been workin…
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A group of top officials of both NongHyup Bank and local Chinese officials cutting tapes at a ceremony to open the bank’s Beijing office on Sept. 11 in Beijing, China. (photo: NH Bank) NongHyup Bank opened its Beijing, China office on Sept. 11 in a ceremony attended by s…
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President Kim Chang-soo of Samsung Fire and Marine Insurance Co.(photo: Samsung Fire) Samsung Fire and Marine Insurance Co. has been at work not only expanding its domestic non-life insurance market share, but also exploring overseas markets to secure a future profit base and reach i…
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A front view of the Korea Exchange.(photo: KRX) The Korea Exchange (KRX) has been preparing to open a gold trading market to make the market more transparent, following the introduction of the Konex market in July to boost the Korean securities market.
KRX Securities Market Headquarters,…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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