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Economy/Finance
President Kim Do-jin of the Industrial Bank of Korea delivers inauguration speech at an inaugural ceremony on Dec. 28, 2016, at the bank’s head office in Eulji-ro, Seoul.(Photo: IBK) Industrial Bank of Korea’s senior executive vice president Kim Do-Jin was officially inaugurated as the state-owne…
Chairman Lee Dong-geol of Korea Development Bank.(Photo:KDB) The Korea Development Bank (KDB) has gained market share in the South Korean derivatives market over the past 12 months, rising to the top position in outstanding derivatives volumes. At the end of the first quarter of 2016, the bank held…
Chairman and President Lee Duk-hoon of the Export and Import Bank of Korea(Eximbank). (Photo: Eximbank) The new year’s management strategy of the Export and Import Bank of Korea (Eximbank) should be to strengthen its internal operation based on reformed systems and organization. At the same time, …
Chairman Park Hyeon-joo of Mirae Asset Group who won the 2016 Dasan Financial Award for strengthening the group’s IB sector by launching Mirae Asset Daewoo Securities to compete on world stages like Goldman Sachs and Nomura Securities. (Photo: Mirae Asset) Chairman Park Hyeon-joo of Mirae Asset Gr…
President Lee Byung-chan of Shinhan Life Insurance Co.A scene of Shinhan Life Insurance’s 2017 Management Strategy Meeting of its key executives and staff. Shinhan Life Insurance Co. held the 2017 Management Strategy Meeting for its key executives and staff totaling some 250 on Jan. 13 at its Cheo…
President Chun Byong-jo of KB Securities. KB Financial Group said on Dec. 30 that KB Securities, its affiliate, raised 180 billion won in new capital through the issuance of stocks. The move was made to help KB Securities have a large investment banking facility after it merges with Hyundai Securit…
CEO Lee Cheol-young of Hyundai Marine and Fire Insurance Co. Hyundai Marine and Fire Insurance Co. captured the 2016 Dasan Financial Award in the Insurance Sector in recognition of its contributions to Korea’s social safety net, particularly with non-life insurance products that it developed and i…
Chairman Park Hyeon-joo of Mirae Asset Group.(Photo: Mirae Asset) Chairman Park Hyeon-joo of Mirae Asset Group has set his eyes on the creation of an energy fund jointly with the Korea Electric Power Corp with 500 billion won in assets. The chairman’s burning ambition has helped propel him to bec…
President Kim Won-kyu of NH Investment and Securities Co,(Photos:NHIS) NH Investment & Securities Co. aims to pool more than 500 billion won ($414 million) this year from financial services under NongHyup Financial Group to reinforce its private equity operation. According to investment bank s…
A group of dignitaries including Gov. Lee Nak-hyun of South Jeolla Province, Mayor Joo Chun-hyun of Yeosu, Commisioner Kwon Oh-bong of the Gwangyang Bay Free Economic Zone Authority and Chairman Park Hyeon-joo of Mirae Asset, a member of the Mirae Asset Consortium pose for a photo session after sign…
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Industry/Energy
KEPCO President Cho Hwan-eik. (Photo: KEPCO)Korea Electric Power Corp. is stepping on the gas to develop new energy business models. Shown (left) is an EV charging station, and a wind power plant. (Photos: KEPCO) In accordance with the new governmen…
Presidential candidate Moon Jae-in speaks about steps to reduce fine dust at a meeting at the Minju Party of Korea headquarters on April 13. The government is expected to accelerate efforts to secure sites to build new and renewable energy power pla…
Acting President Park Hee-sung of the Korea East-West Power Co. (EWP), President Kim Nam-kyun of the Korea Forestry Promotion Institute (KOFPI), and President Denaldy of Indonesian state-run forest company Perum Perhutani participated in a ceremony t…
A view of the Shin Kori Nuclear Power Units, now under construction, which have been temporarily halted by the new government. The fate of the nuclear power units is to be decided by the outcomes of a public debate process. (Photo:KHNP) The fate of …


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