KB Financial, Recommends 'IT Expert' Professor Choi Jae-hong as New Outside Director Candidate

Professor Choi Jae-hong

[Asia Economy Reporter Buaeri] The KB Financial Group Outside Director Candidate Recommendation Committee (Nomination Committee) has recommended Professor Choi Jae-hong of the Multimedia Engineering Department at Gangneung-Wonju National University as a new outside director candidate.

On the 24th, the Nomination Committee recommended one new outside director and six reappointed outside directors as candidates. These candidates will be officially appointed following approval at the regular shareholders' meeting scheduled for the 25th of next month.

Choi, recommended as a new outside director for a two-year term, has served as the chairman of the Korea Mobile App Awards judging panel and as a business advisor for NHN Japan and e-Samsung Japan. He is a leading domestic ICT expert who accompanied the startup Kakao through its growth into a major corporation during his six years as an outside director at Kakao.

KB Financial stated, "The new candidate's professional knowledge and extensive experience in digital fields will help KB Financial take the lead as the number one financial platform and are expected to contribute to expanding the diversity and expertise of the KB Financial board."

Choi was recommended through the Nomination Committee's strict three-stage outside director candidate recommendation process. This system, proactively introduced in 2015, operates with a clear separation of responsibilities at each recommendation stage. Reflecting digital trends, the committee added the 'Digital·IT' category to the pool of outside director candidates starting in the second half of 2020.

Six existing outside directors?Sunwoo Seok-ho, Choi Myung-hee, Jung Gu-hwan, Kim Kyung-ho, Kwon Sun-joo, and Oh Kyu-taek?were recommended as candidates for reappointment for a one-year term.

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