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KB Financial picks Lee Jae-keun as next chairman

KB Financial Group selected Vice Chairman Lee Jae-keun as its next chairman for a three-year term, the financial holding company said Friday. Lee was selected over incumbent Chairman Yang Jong-hee and former Woori Bank CEO Kwon Kwang-seok. His appointment is due to be finalized at a shareholder meeting on Nov. 20, when Yang's current term expires. "The group selected Lee to lead a bold…

KB Financial picks Lee Jae-keun as next chairman

KB Financial Group has chosen Lee Jae-keun as its next chairman. He was selected for a three-year term, beating out incumbent Chairman Yang Jong-hee and former Woori Bank CEO Kwon Kwang-seok.

Lee's appointment is set to be finalized at a shareholder meeting on November 20, when Yang's current term expires.

The group chose Lee to lead a transformation and generational shift, aiming to strengthen its core competitiveness and find new growth engines.

Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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