KakaoBank Appoints Kim Kwang-ok as Vice President... Corporate Name Changed to 'KakaoBank'

[Asia Economy Reporter Kim Hyo-jin] Korea Kakao Bank (KakaoBank) announced on the 31st that at the regular shareholders' meeting held on the 30th, Kim Kwang-ok (photo), former Executive Director of Korea Investment Partners, was appointed as an inside director (Vice President) with a two-year term.

Vice President Kim will be responsible for overseeing the overall management of KakaoBank. He successfully led initial public offerings (IPOs) of major domestic companies while working in the Investment Banking (IB) division at Korea Investment & Securities, served as the Compliance Officer at Korea Investment Holdings, and was Chief Investment Officer (CIO) at Korea Investment Partners. In 2015, he participated in the preparation for the establishment of KakaoBank.

Former Hana Bank Vice President Hwang In-san and former Seoul Guarantee Insurance Executive Director Shin Bo-seon joined KakaoBank as outside directors, and former KakaoBank Board Chairman Kim Joo-won joined as a non-executive director. Outside director Lee Sang-won was reappointed. Following the shareholders' meeting, the board of directors elected non-executive director Kim Joo-won as the chairman of the board by acclamation.

Meanwhile, KakaoBank decided to officially use its abbreviated name "KakaoBank" as its corporate name (KakaoBank Corporation) starting June 1.

This content was produced with the assistance of AI translation services.