KB Financial Group - Global Financial Group KB

HOME > SEC Filings > Form 6-K Current Reports

Results of the Annual General Meeting of Shareholders of Kookmin Bank for Fiscal Year 2009

03-25-2010

Results of the Annual General Meeting of Shareholders of Kookmin Bank for Fiscal Year 2009

On March 25, 2010, Kookmin Bank, a wholly-owned subsidiary of KB Financial Group Inc., held its annual general meeting of shareholders for fiscal year 2009, and all four agenda items listed below were approved and ratified as originally proposed.

Key Details:


Agendum 1.		Approval of financial statements of Kookmin Bank (statements of financial condition, statements of income and statements of appropriation of retained earnings) for fiscal year 2009
Agendum 2.		Amendment of the Articles of Incorporation of Kookmin Bank
Agendum 3.		Approval of the aggregate remuneration limit for directors of Kookmin Bank
Agendum 4.		Appointment of director(s) of Kookmin Bank

Details of Approved Agenda Items

n Key items of the approved non-consolidated financial statements for fiscal year 2009


			(In millions of Won,
			except per share amounts)
Total assets			256,519,760
Total liabilities			237,177,202
Capital stock			2,481,896
Total shareholders’ equity			19,342,558
Total operating revenue			28,734,838
Operating income			703,027
Net income			635,803
Net income per share (In currency units)			1,289

n Declaration of Dividends

A cash dividend of KRW 192 per common share was declared (total dividend amount: KRW 95,304,790,272).

n Appointment of two new non-executive directors

Details regarding the board of directors of Kookmin Bank following the appointment of two new non-executive directors:

	•		Number of directors: 8

	•		Number of non-executive directors: 5

Details regarding newly appointed non-executive directors


Name
(Date of Birth)	Current Position	Career	Education	Nationality	Term of Office
Dong Kee Rhee (New Appointment) (04/23/1957)	Associate Dean for Academic Affairs, College of Business Administration, and Associate Dean, Graduate School of Business, Seoul National University	• Chairperson, Korea Chapter, Academy of International Business (Current) • President, Korea Academy of International Business • Visiting Professor, Duke University	• Ph.D. in International Business, Stern School of Business, New York University	Republic of Korea	2 years

Yo Chan Park (New Appointment) (11/07/1961)	Lawyer, Law Office Jeong-Sang	• Advisory member, National Assembly Budget Office (Current) • Judge, Tax Tribunal under the Prime Minister (Current) • Commissioner, Truth and Reconciliation Commission, Republic of Korea • Lecturer, Graduate School of Policy Studies, Korea University	• Ph.D. in Tax Law, Graduate School of Science in Taxation, University of Seoul	Republic of Korea	2 years