On the 16th, at Seomyeon, Busan, Namho Kim, Chairman of DB Group (fifth from the left in the photo), Jeongnam Kim, Vice Chairman of DB Insurance (fourth from the left in the photo), Youngman Kim, President of DB Life Insurance (sixth from the left in the photo), and key officials attended the groundbreaking ceremony for the new headquarters and took a commemorative photo.

On the 16th, at Seomyeon, Busan, Namho Kim, Chairman of DB Group (fifth from the left in the photo), Jeongnam Kim, Vice Chairman of DB Insurance (fourth from the left in the photo), Youngman Kim, President of DB Life Insurance (sixth from the left in the photo), and key officials attended the groundbreaking ceremony for the new headquarters and took a commemorative photo.

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[Asia Economy Reporter Changhwan Lee] DB Insurance announced on the 17th that it held a groundbreaking ceremony for its new Busan headquarters in Seomyeon, Busan on the 16th, attended by key figures including Kim Nam-ho, Chairman of DB Group, Kim Jeong-nam, Vice Chairman of DB Insurance, and Kim Young-man, President of DB Life.


The new Busan headquarters will be an eight-story underground to 24-story aboveground building with a total floor area of 44,746㎡, scheduled for completion in the second half of 2025. The company explained that the building will offer a diverse exterior through various facade changes in the corner spaces.


The diagonal lattice design expresses harmony with the surrounding environment and the core values of the financial industry, such as flawless trust and safety, the company added. The second basement level will be directly connected to Seomyeon Station, a transfer station for subway lines 1 and 2, and the first basement level will lead to a sunken garden with an open garden allowing natural light.


Through the construction of the new headquarters, DB Insurance plans to consolidate its sales organizations and claims personnel scattered across the Busan area into one location, establishing a base to strengthen customer service and sales competitiveness.



In his commemorative speech, Vice Chairman Kim Jeong-nam expressed his aspirations, saying, “The Busan headquarters, which we will move into in three years, will significantly enhance DB Insurance’s financial competitiveness and become a landmark in the Seomyeon area of Busan, a source of pride not only for DB Insurance’s sales family but for all members of the group.”


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

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