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President Kim Chang-soo of Samsung Life Insurance Co.
Samsung Life Insurance Co., South Korea's largest life insurer, said on Feb. 4 that it will purchase Samsung Electronics Co.'s entire stake in its affiliate Samsung Card as part of the conglomerate's efforts to streamline ownership.
In a regula…
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President Lee Kwang-goo of Woori Bank.(Photo:Woori Bank)
President Lee Kwang-goo of Woori Bank said all employees should do his or her best for the to help expand net profit to 1.2 trillion won in the new year to boost the value of the bank so it can be privatized as early as possible. He made the …
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Chairman Kim Yong-hwan of the NH Financial Group claps along with NH NongHyup Bank President Lee Kyung-seop, NH I&S President Kim Won-kyu, NongHyup Life Insurance President Kim Yong-bok, NongHyup Property & Casualty Insurance President Lee Yoon-dae, and others while participating in a ceremo…
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Chairman Yoon Jong-kyoo of KB Financial Group.(Photo:KBFG)
KB Financial Group’s 2015 net profit amounted to 1.698 trillion won, up 297.6 billion won or 21.3 percent YoY. Loan issuances rose 2 percent by its banking affiliate, KB Kookmin Bank in the 4th quarter, 2015, showing a healthy operation.
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Chairman Han Dong-woo of Shinhan Financial Group.(Photo:SFG)
Shinhan Financial Group held its 2016 Management Forum at Shinhan Bank's Training Institute in Kihung, Gyeonggi Province on Feb. 8-9 with CEOs and key executvies of the group number some 510 attending led by Chairman Han Dong-woo.
At the…
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Chairman Hong Ky-ttack of the KDB Financial Group has been appointed a vice president of the Asian Infrastructure Investment Bank (AIIB), the finance ministry said Feb. 3.
Hong Ky-ttack, who also runs the state-run Korea Development Bank, will serve as the chief risk officer of the AIIB. He will …
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Korea Investment and Securities Co. (KIS) set up an investment banking group under its wing, naming Kim Seong-hwan, project finance headquarters manager, to head the group on Jan. 1, 2016.
The new unit of KIS has been in charge of the corporate finance headquarters, the project financing headquarte…
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Chairman Yim Jong-yong of the Financial Services Commission.
Chairman Yim Jong-yong of the Financial Service Commission (FSC) said the financial community should break down its old practices of excessive self-protection and personnel policies based on the length of employment.
He made the re…
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A slew of the key officials in the financial authorities and financial industry clap hands during the New Year Gathering held on Jan. 5 at Lotte Hotel in downtown Seoul. Seen among the dignitaries are Deputy Minister Choi Kyung-hwan who is also the Minister of Strategy and Finance, Chairman Yim Jong…
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President Hong Young-man of the Korea Asset Management Corp.(KAMCO).President Hong delivers his speech at the company’s New Year ceremony on Jan. 4 at the company’s head office in Seoul.(Photos:KAMCO).
KAMCO will continue with its own “KAMCO-style” reforms this year, with self-innovation and si…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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