“An enterprise that has continued to prosper for over a century owes its public respect, not for its profit growth,” said President Song Ki-jin of Kwangju Bank (KJB), which won the Banking Sector Award of the Korea Financial Grand Award, which is also known as the Financial Man of the Year Award.C…

President Cho Joon-hee of the Industrial Bank of Korea won the Korea Financial Grand Award 2012, which is also known as the Financial Man of the Year Award, in recognition of his contribution to the financial industry.  The Financial Services Commission, the Financial Supervisory Service and th…

KB Kookmin Bank, a leading bank in Korea, has recently won the 2012 Korea Management Grand Award in the area of customer satisfaction.The management of the bank has had close contact and communication with those at the frontline of banking activities, creating such a strong bond between management a…

Chairman Shin Chang-jae of Kyobo Life Insurance Co. has been named the Top Asian Insurance Manager of the Year by winning the 2012 Grand Award for the Asian Insurance Industry on Oct. 28 in Kuala Lumpur, Malaysia, the company said recently.Shin is the only Korean life insurance top executive to win …

"Compassionate Finance is Shinhan’s Commitment,” is the Shinhan Financial Group’s pledge, with over 20,000 officers and staff and a diverse network both at home and overseas, a foothold for its customers’ successes in their endeavors and social progress.The financial group has been taking a step…

K B Financial Group has decided to take over the ING Life Insurance Co. of Korea, a wholly-owned subsidiary of ING Life Insurance in Korea, for 2.45 trillion won, down 100 billion won from the originally agreed price, but the group has yet to persuade outside directors who oppose the takeover callin…

Hyundai Mobis recently held a ceremony for the declaration of the 3rd transparent umbrella sharing project to distribute the umbrellas to students attending a special class on science.The company has been carrying on with the campaign to give away transparent umbrellas to children for their safety f…

Chairman Kim Bong-soo has been reappointed to serve his second  term until Dec. 29, 2013 to head the Korea Exchange by Financial Services Commission on Oct. 26, the Korea Exchange said recently. FSC cited as reasons for his reappointment his reform of the management of the Korea Exchange, …

“The Korean food export industry is shifting from the ‘push’paradigm to a ‘pull’strategy thanks to Korea’s rising national standing and a surging demand for Korean products,” Park Chong-seo, executive vice president for export promotion at Korea Agro-Fisheries & Food Trade Corporation (aT…