Citibank Korea appoints new CEO in 1st leadership change in 6 years
Citibank Korea has appointed Kim Kyoung-ho, its head of corporate banking, as its new CEO, ending a six-year leadership run under his predecessor, the lender said Tuesday. Kim succeeds Yoo Myung-soon, who became the bank’s first female CEO in 2020. He will serve a three-year term. Kim joined Citibank Korea in 2001 and has held a series of senior positions in corporate banking, including large…
Citibank Korea has announced the appointment of Kim Kyoung-ho, currently the head of corporate banking, as the bank's new CEO, marking the first leadership change in six years. The transition comes after the bank's previous CEO, Yoo Myung-soon, who made history as the bank's first female CEO in 2020, stepped down. Kim is set to assume the role for a three-year term.
Kim's career with Citibank Korea spans over two decades, beginning in 2001. Throughout his tenure, he has held various senior positions within corporate banking, including leading large corporate banking and coverage of financial institutions. His promotion to executive vice president in 2021 signaled his growing influence within the organization.
The executive recommendation committee of Citibank Korea unanimously selected Kim as the sole candidate for the top position. This appointment arrives at a crucial juncture for Citibank Korea, as the bank is undergoing significant restructuring following its exit from consumer banking. With corporate banking now at the forefront of its local operations, Kim faces the challenge of consolidating this strategic shift and ensuring sustained success for the bank.
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- Citibank Korea appoints new CEO in 1st leadership change in 6 years koreatimes.co.kr
