KB Financial narrows down chair race to 3 candidates

KB Financial Group has narrowed down its search for the next chairman to three candidates, including current Chairman Yang Jong-hee, Senior Executive Vice President Lee Jae-keun, and former Woori Bank CEO Kwon Kwang-seok. The chairman candidate recommendation committee initially considered six candidates before finalizing the shortlist.

The committee will conduct in-depth interviews with the three shortlisted candidates on September 11 and select a single final nominee. The final appointment will be confirmed at a shareholder meeting in November, following Yang Jong-hee's current term. The succession process is being handled fairly, objectively, and transparently based on clear criteria, with the goal of selecting the best candidate who can earn the trust of all stakeholders.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.