Lee Jae-geun Recommended as a Candidate for the Next KB Financial Chairman
Lee Jae-geun recommended as a candidate for KB Financial chairman, leading non-bank expansion and profitability-focused management The outline of the next chairman emerges after Yang Jong-hee fails to secure a second term... Check the results of the board meeting and shareholders' meeting
The KB Financial Group CEO Candidate Recommendation Committee has recommended Lee Jaegeun, head of KB Financial, as the next CEO candidate. Current Chairman Yang Jonghee failed to win reappointment.
The committee held a meeting on the 11th and, after a second indepth interview, decided to name Lee as the final candidate. Previously, the candidate pool had included Lee, Chairman Yang, and Kwon Kwangsuk, former president of Woori Bank.
Lee has served as president of KB Kookmin Bank and as head of the group's global business division, and is regarded as a figure who has led the expansion of the nonbank portfolio and profitabilitycentered management. The final appointment is expected to be made next month through board recommendation and an extraordinary general meeting of shareholders.