KB Financial Names Six Candidates for Next Chairman

KB Financial Group has narrowed down its search for a new chairman, confirming a shortlist of six candidates. The selection committee announced the finalized list after a meeting on July 3.

The group comprises four internal candidates and two external contenders. The internal candidates are Yang Jong-hee, the current KB Financial Group chairman; Lee Jae-geun, head of the KB Financial Group's division; Lee Chang-kwon, another division head at KB Financial Group; and Lee Hwan-ju, president of KB Kookmin Bank.

The two external candidates include Kwon Kwang-seok, former head of Woori Bank, and one individual who requested anonymity. The committee plans to conduct a first round of interviews with these six candidates on August 27, aiming to narrow the field down to three.

A second, more in-depth interview round will follow on September 11, where the final candidate will be selected. Cho Hwa-joon, the committee chairman, stated the group is committed to a transparent and objective evaluation process to ensure the appointment of a CEO who meets the trust of shareholders and customers.

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We will strive to appoint a CEO who meets the trust of shareholders and customers through a transparent and objective candidate verification and evaluation process.