KB Financial Group Declares 2020 as the Year of 'Leading ESG Management Financial Group'

KB Financial Group Holds 2020 Group Executive Workshop

Commitment to Leading ESG Management in Financial Group…Sharing ESG-Based Strategic Directions

Discussion on Key Agendas for Each Group Division in 2020 and Derivation of Execution Plans

Chairman Yoon Jong-kyu of KB Financial Group and the representatives of its affiliates signed the 'KB Financial Group ESG Implementation Principles' at the KB Securities Yongin Training Center on the 3rd and are taking a commemorative photo.

[Asia Economy Reporter Kangwook Cho] KB Financial Group announced on the 5th that it held the '2020 Group Executive Workshop' over two days from the 3rd to the 4th at KB Securities Yongin Training Center, with about 200 participants including Chairman Yoon Jong-kyu and CEOs and executives of each affiliate.

At this workshop, the strategic direction of KB Financial Group based on 'ESG (Environment, Social, Governance)' to lead sustainable management was first shared, and the CEO and CEOs of all 12 affiliates pledged to become a 'financial group leading ESG management.'

Next, through a special lecture by external experts on the topics of '2020 Financial Industry Outlook' and 'Market Evaluation of KB,' participants reflected on past management performance and gained insights into the 2020 management strategy while considering solutions.

Additionally, lectures on 'Digital/IT' and 'Leadership' were held, followed by forums where executives directly participated in discussions on each topic. Finally, in-depth discussions were held by business divisions to derive execution plans for the 2020 group management strategy direction. Through subgroup discussions in eight business divisions including Digital, WM, CIB, Global, Capital Markets, Individual Customers, SME, and Insurance, specific business promotion plans for each division were presented, and the entire executive team provided additional feedback on each execution plan.

Yoon Jong-kyu, Chairman of KB Financial Group, is giving a special lecture to the executives at the '2020 Group Executive Workshop' held on the 3rd at the KB Securities Yongin Training Center.

Yoon Jong-kyu, Chairman of KB Financial, said, "Let us quickly internalize and further spread the ESG-based management system to solidify the status of a model financial group leading sustainable management." He also emphasized, "Always keep the 2020 management strategy direction (L.E.A.D 2020 / Level up the core, Expansion, Active & creative KB, Digital innovation) in mind when carrying out tasks, and let all executives look in the same direction and unite wisdom and strength to leap forward together."

A KB Financial official said, "It was a time for all executives of the group to gather, actively discuss, rethink the direction the group should take, and form a consensus." He added, "It was especially meaningful to derive final results through collective intelligence by having all executives discuss concrete implementation plans for key business initiatives together."

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