Prudential Life Appoints Min Ki-sik, CEO of DGB Life, as New CEO Candidate

Minki Sik, Candidate for CEO of Prudential Life

[Asia Economy Reporter Oh Hyung-gil] Prudential Life Insurance announced on the 27th that it held an Executive Candidate Recommendation Committee meeting and selected Min Ki-sik, CEO of DGB Life Insurance, as the candidate for CEO. Min is expected to be confirmed as CEO after the Prudential Life Insurance shareholders' meeting vote on the 31st.

The committee explained that after careful consideration to select a candidate who can maintain Prudential Life Insurance's strength in stable profit generation while maximizing synergy through change and innovation, they chose a candidate with diverse insurance industry experience.

Candidate Min is an insurance expert who has extensive experience in key insurance roles, including Executive Director of Strategy, Product, and Marketing at PCA Life Insurance, Executive Director of Strategic Planning and Sales Support at Prudential Life Insurance, Chief Strategy Officer (CSO) Vice President, and CEO of DGB Life Insurance.

The committee stated, "The candidate possesses excellent strategic understanding of the insurance industry situation and outstanding balance, with the execution capability to lead structural changes throughout Prudential Life Insurance. We judged him to be the optimal candidate equipped with innovative leadership capable of directly tackling the immediate challenges, which led to his selection."

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