Change in Chief Executive Officer of KB Financial Group Inc.
09-29-2009Change in Chief Executive Officer of KB Financial Group Inc.
On September 29, 2009, KB Financial Group Inc. (“KB Financial Group”) disclosed that it had appointed a new chief executive officer, Chung Won Kang, who will also serve as the acting chairman. Key details are as follows:
1. Name of newly appointed chief executive officer: Chung Won Kang
2. Details regarding newly appointed chief executive officer:
- Affiliation with the largest shareholder: none
- Primary experiences:
Chief executive officer, vice chairman and acting chairman, KB Financial Group (present)
President and chief executive officer, Kookmin Bank (present)
President and chief executive officer, former Seoul Bank
Chief Country Officer, Deutsche Bank Group, Korea
Chief Country Officer, Bankers Trust Group, Korea
3. Reason for change: Young-Key Hwang’s resignation as chairman and chief executive officer of KB Financial Group
4. Effective date: September 29, 2009
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