Search results for Chairman Nomination Committee
Finance
Digital asset institutionalisation picks up pace as big platforms clash over entry into online lending industry
Cooperation between traditional financial firms and crypto-asset operators is expanding, with moves by Kakao Group, brokerages and exchanges. In the United States, the OCC gave preliminary approval to two digital banks pursuing crypto custody and stablecoin business. In South Korea, the Democratic Party plans to draw up a Digital Asset Basic Act this year. Competition is also shifting across platform finance, raising questions about entry rules, conflicts of interest, consumer choice and security.
Finance
KB Financial chairman race narrows to three as Yang Jong-hee reappointment prospect grows
KB Financial Group’s chairman succession race has been narrowed to three candidates after its nomination committee conducted in-depth interviews. The shortlist includes incumbent Yang Jong-hee, former Woori Bank chief Kwon Kwang-seok and KB Financial executive Lee Jae-geun. Market observers see Yang’s reappointment prospects rising, supported by record earnings since he took office. Separately, ruling party-government discussions on governance are focusing on strengthening nomination committee voting procedures rather than legally limiting chair terms.
Finance
KB Financial narrows next chairman candidates to three: Kwon, Yang, Lee
KB Financial Group has narrowed its candidates for the next chairman to three people: former Woori Bank chief Kwon Kwang-seok, KB Financial Group Chairman Yang Jong-hee and KB Financial executive Lee Jae-geun. The group’s chairman nomination committee said it selected the final shortlist of three after holding a meeting on Aug. 27 and conducting in-depth interviews with shortlisted candidates. It plans a second round of interviews on Sept. 11.
