Kim Ki-hwan, KB Financial CFO, Selected as Candidate for CEO of KB Insurance

Kim Ki-hwan, KB Financial Group Chief Financial Officer (CFO)

[Asia Economy Reporter Park Sun-mi] Kim Ki-hwan, CFO of KB Financial Group, has been selected as the new CEO candidate for KB Insurance.

On the 18th, KB Financial Group held the Subsidiary CEO Candidate Recommendation Committee (hereafter referred to as the Recommendation Committee) and selected CEO candidates for 10 subsidiaries. The selected candidates will undergo a final review and recommendation by the respective subsidiary's CEO Candidate Recommendation Committee in December and will be confirmed at the shareholders' meeting.

Due to Yang Jong-hee's expected appointment as Vice Chairman of the holding company, KB Insurance selected Kim Ki-hwan, the holding company's CFO, as a candidate who can consistently promote strategic positioning and diversification of the profit structure of the group's insurance subsidiaries.

Candidate Kim Ki-hwan has extensive experience in various control tower roles including finance, risk, public relations, HR, and global operations. He possesses a high level of understanding and management capability for the group's core businesses and has demonstrated leadership by supporting the holding company's CFO role in maintaining the status of a leading financial group.

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