DB Group Sponsors Title for 2021 Korea Women's Open

Chairman Kim Nam-ho of DB Group (left) and Chairman Heo Kwang-soo of the Korea Golf Association posed for a commemorative photo during the signing ceremony.

[Asia Economy Reporter Dongwoo Lee] DB Group announced on the 3rd that it will participate as the new title sponsor of the Korea Women's Open Golf Championship, the most prestigious national title in Korea with a 35-year history.

On the same day, DB Group held a 'Korea Women's Open Sponsorship Signing Ceremony' at The Plaza Hotel located in Jung-gu, Seoul, attended by DB Group Chairman Kim Nam-ho and Korea Golf Association Chairman Heo Kwang-soo, among other officials. DB Group will participate as the title sponsor starting from 2021.

At the signing ceremony, Chairman Kim Nam-ho said, "I hope that through the Korea Women's Open, our country's female golfers can achieve their big dream of growing into global stars," adding, "Together with the Korea Golf Association, we will make this tournament the best golf festival befitting a national title."

The venue for the tournament will soon be decided after on-site inspections focusing on golf courses wishing to host the event, and the total prize money will be announced after negotiations to ensure it is at least 1 billion KRW, a level befitting a top tournament.

Meanwhile, since Chairman Kim Nam-ho took office in July, marking the beginning of second-generation management, DB Group has been conducting various sports support and social contribution activities while operating businesses in insurance, securities, banking, manufacturing, and services.

DB Group contributes to the development of golf through the KPGA season opener 'DB Insurance Promy Open' and support for domestic golf players, and carries out various sports support activities targeting local communities and youth through the 'Wonju DB Promy Professional Basketball Team.'

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