IBK, Three Deputy Governors Including Head of Innovation Finance Group Promoted (Comprehensive)
[Asia Economy Reporter Kim Min-young] IBK Industrial Bank announced on the 21st that it has conducted promotion personnel appointments for three vice presidents.
Newly appointed vice presidents include Kim Hyung-il, Head of the Global Business Division, who was appointed as Head of the Innovation Finance Group. Jo Bong-hyun, Director of the IBK Economic Research Institute, was promoted from a division head to vice president level, and Jang Min-young, Head of the Gangbuk Regional Headquarters, was appointed as Head of the Risk Management Group. Their terms begin on the 23rd.
Vice President Kim has acquired global sensibility and planning skills through roles such as Head of the Global Business Division and Head of Strategic Planning. He is regarded as the right person to promote President Yoon Jong-won's 'Innovation Finance' initiative.
Vice President Jo is an expert in small and medium-sized enterprises and unification policy-related fields, and is expected to play the role of a 'think tank' supporting management activities such as mid- to long-term strategy formulation and decision-making by executives.
Vice President Jang has extensive field experience and has worked in various departments including the IBK Economic Research Institute, Treasury Department, and Investor Relations (IR). He is evaluated to possess deep insight into financial market understanding, financial accounting, and risk management.
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Yoon Jong-won, President of IBK Industrial Bank, said, “At the beginning of my term, I presented a vision to make the bank a top-tier global financial group through innovative management based on two pillars: innovation finance and sound management.” He added, “With this organizational restructuring, we have laid a solid foundation for banking management innovation and will make further efforts to support small and medium-sized enterprises and protect financial consumers.”
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