Orange Group Strengthens Financial Services Business by Hiring Kwon Oh-heum, Former Vice President of Shinhan Card

[Asia Economy Reporter Hyunseok Yoo] Orange Group, led by platform company Orange One, announced on the 14th that it has recruited Kwon Oh-heum, former Vice President of Shinhan Card and CEO of KG Inicis, as Vice Chairman to expand its financial services business and diversify its portfolio at the group level.

Orange Group operates businesses in four sectors: platform, fashion, bio, and real estate development. The financial services sector is linked to the platform business.

In the platform business sector, there are platforms such as Welfare Club, VIP Club, Benefit Club, Kkudok, and the affiliate Purplex, which provides rental services for imported products including the German home appliance brand Blomberg.

In the fashion sector, the group operates shoe and fashion apparel businesses under the famous sneaker brand Excelsior. In the bio sector, it offers a variety of premium health foods such as Cheonnyeon Sunsu Hong Sam, Hong A Sunsu Hong Sam, and Organis. The real estate development sector is managed by the Orange Tower business division, which is responsible for expanding and operating real estate assets, starting with a recently acquired 300-pyeong building near Dangsan Station.

Newly appointed Vice Chairman of Orange Group, Kwon Oh-heum, graduated from Andong High School, Yeungnam University with a degree in Public Administration, and Yonsei University Graduate School of Media and Public Relations. He entered the financial sector in 1989 by joining LG Card, and after Shinhan Financial Group acquired LG Card, he served as Head of HR at Shinhan Card and rose to the position of Vice President. During his tenure as Vice President of Shinhan Card, he demonstrated leadership by holding various positions including Head of Sales Promotion, Head of Support, Head of New Growth (Fintech, Overseas Expansion), Head of Planning, and CFO. After leaving Shinhan Card in 2016, he simultaneously served as CEO of KG Inicis and KG Mobilians.

Upon his appointment at Orange Group, Vice Chairman Kwon said, “The platform business capabilities currently held by Orange Group have accumulated enough technological expertise and marketing know-how to newly develop a separate financial services platform tailored to diverse market needs, so future growth is highly anticipated.” He added, “I will do my best to contribute not only with the knowledge and wisdom I have acquired over more than 30 years in the financial industry but also by helping Orange Group respond agilely to future changes and sustain sustainable management as a company.”

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