Two subsidiaries of KB Financial Group will get new CEOs while six others will see their incumbent chiefs’ tenures extended, the country’s second-largest financial group by assets said Tuesday.
The new appointments are Yang Jong-hee, a former vice president of KB Financial who will take charge of KB Insurance, and Yoon Woong-won, another former KB Financial vice president who will lead KB Kookmin Card. The appointments are subject to final endorsements by shareholders of the respective companies.