KB Kookmin Bank Launches 2nd Consumer Rights Enhancement Advisory Committee
Efforts to Strengthen Financial Consumer Rights
At the inauguration ceremony of the 2nd Consumer Rights Enhancement Advisory Committee held on the 3rd at KB Kookmin Bank's Yeouido headquarters, (from right) Huh In, President of KB Kookmin Bank, Kwon Dae-woo, Professor at Hanyang University, Yoo Hyun-jung, Professor at Chungbuk National University, Lee Seung-wook, Professor at Ewha Womans University, and Jeon Kyung-geun, Professor at Ajou University, are posing for a commemorative photo.
View original image[Asia Economy Reporter Park Sun-mi]KB Kookmin Bank announced on the 3rd that it will launch the 2nd Consumer Rights Enhancement Advisory Committee composed of external experts.
The Consumer Rights Enhancement Advisory Committee is an internal organization within the bank aimed at strengthening the rights of financial consumers. It serves an advisory role to enhance financial consumers' rights by suggesting improvements to consumer protection systems and processes, reviewing consumer orientation of new products and services, and operates with four external experts and one internal member.
Professor Kwon Dae-woo of Hanyang University, former president of the Korean Consumer Studies Association, serves as the chairman. Professor Yoo Hyun-jung of Chungbuk National University, president of the Korean Consumer Culture Association; Professor Jeon Kyung-geun of Ajou University, a financial law expert; and Professor Lee Seung-wook of Ewha Womans University, a labor law expert, were appointed as members. The internal member is Executive Director Myung Hyun-sik, the head of financial consumer protection at KB Kookmin Bank.
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A KB Kookmin Bank official stated, “We will continue to operate the committee, which was proactively established not only to enhance the rights of financial consumers but also to increase customer trust in KB Kookmin Bank,” and added, “We will continue to do our best to protect consumer rights.”
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