Taekwang Group Appoints Yoo Tae-ho, CEO of Tisis, as New CEO of Taekwang Industrial
Taekwang Group Appoints Kim Daehyun as CEO of Heungkuk Life Insurance
Yoo Jaejoon Named CEO of HK Financial Partners
Taekwang Group has appointed new CEOs for its affiliates Taekwang Industrial, Heungkuk Life Insurance, and HK Financial Partners.
On the 4th, Taekwang Group announced that Yoo Tae-ho, CEO of Tinis, has been appointed as the new CEO of Taekwang Industrial, a textile and petrochemical affiliate. Yoo joined Heungkuk Life Insurance in 1980 and served as an executive in charge of real estate management and public relations at Taekwang Industrial in 2002. Since August 2023, he has been leading Tisis, Taekwang Group's infrastructure and leisure affiliate.
Yoo Tae-ho, CEO nominee of Taekwang Industrial (left), and Kim Dae-hyun, CEO nominee of Heungkuk Life Insurance. Photo by Taekwang Group
View original imagePreviously, on the 28th of last month, Taekwang Industrial transitioned to a sole CEO system with Vice President Oh Yong-geun serving as the sole CEO following the resignation of former co-CEO Sung Hoe-yong. Whether Yoo will serve as co-CEO alongside Oh will be decided at the board meeting next week. Former CEO Sung resigned unexpectedly due to health reasons.
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For the financial affiliates, Kim Dae-hyun, former Vice President and Head of Management Division at KB Insurance, has been appointed as CEO of Heungkuk Life Insurance, and Yoo Jae-joon, former Vice President at KB Life Insurance, has been appointed as CEO of HK Financial Partners, the sales subsidiary of Heungkuk Life Insurance. Kim previously held positions such as Head of Strategic Sales Division, Head of Long-term Insurance Division, and Head of Management Division at KB Insurance. Yoo Jae-joon served as Head of Strategic Sales Headquarters and Vice President overseeing sales at KB Life Insurance.
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