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Woori-Aviva Life Insurance Co is the winner of the 2012 Korea Financial Grand Award in the life insurance sector, which is also known as the Financial Man of the Year Award. President Kim Hee-tae has often been heard uttering the Chinese phrase “ryong jon ban bo,” which means “you have to walk ha…
“An enterprise that has continued to prosper for over a century owes its public respect, not for its profit growth,” said President Song Ki-jin of Kwangju Bank (KJB), which won the Banking Sector Award of the Korea Financial Grand Award, which is also known as the Financial Man of the Year Award.C…
President Cho Joon-hee of the Industrial Bank of Korea won the Korea Financial Grand Award 2012, which is also known as the Financial Man of the Year Award, in recognition of his contribution to the financial industry.  The Financial Services Commission, the Financial Supervisory Service and th…
KB Kookmin Bank, a leading bank in Korea, has recently won the 2012 Korea Management Grand Award in the area of customer satisfaction.The management of the bank has had close contact and communication with those at the frontline of banking activities, creating such a strong bond between management a…
Chairman Shin Chang-jae of Kyobo Life Insurance Co. has been named the Top Asian Insurance Manager of the Year by winning the 2012 Grand Award for the Asian Insurance Industry on Oct. 28 in Kuala Lumpur, Malaysia, the company said recently.Shin is the only Korean life insurance top executive to win …
"Compassionate Finance is Shinhan’s Commitment,” is the Shinhan Financial Group’s pledge, with over 20,000 officers and staff and a diverse network both at home and overseas, a foothold for its customers’ successes in their endeavors and social progress.The financial group has been taking a step…
K B Financial Group has decided to take over the ING Life Insurance Co. of Korea, a wholly-owned subsidiary of ING Life Insurance in Korea, for 2.45 trillion won, down 100 billion won from the originally agreed price, but the group has yet to persuade outside directors who oppose the takeover callin…
Hyundai Mobis recently held a ceremony for the declaration of the 3rd transparent umbrella sharing project to distribute the umbrellas to students attending a special class on science.The company has been carrying on with the campaign to give away transparent umbrellas to children for their safety f…
Chairman Kim Bong-soo has been reappointed to serve his second  term until Dec. 29, 2013 to head the Korea Exchange by Financial Services Commission on Oct. 26, the Korea Exchange said recently. FSC cited as reasons for his reappointment his reform of the management of the Korea Exchange, …
“The Korean food export industry is shifting from the ‘push’paradigm to a ‘pull’strategy thanks to Korea’s rising national standing and a surging demand for Korean products,” Park Chong-seo, executive vice president for export promotion at Korea Agro-Fisheries & Food Trade Corporation (aT…
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Industry/Energy
현대자동차그룹이 글로벌 최대 자동차업체인 독일 폭스바겐그룹의 ‘아우디’와 손잡고 수소전기차 분야의 혁신 이니셔티브를 강화한다. 글로벌 수소전기차 시장의 저변을 확대하고, 확고한 기술 경쟁력을 바탕으로 미래 수소전기차 시장에서의패권 경쟁을 주도하기 위…
Samsung SDS President Hong Won-pyo. (Photos: Samsung SDS)Marie Wieck, IBM’s president in blockchain, speaks at the Think Korea Forum at the Grand Hyatt Hotel in Seoul on May 24. The two met at Samsung SDS headquarters in Jamsil, Seoul on May 29 to d…
LS C&S CEO Myung Roe-hyun and AG Group Chairman Panji Winata hold a copy of an agreement in which LS C&S and PT Artha Metal Synergy signed to set up a joint venture plant in Indonesia in Seoul on June 18. (Photo: LS C&S)LS Cable & Sys…
V. Chairman Park Jin-soo of LG Chem.LG Chem has been working on the projects to find new growth engines although the company already has a number of key industrial areas to keep itself going including basic materials, batteries, information electroni…


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