Search results for National Federation of Fisheries Cooperatives
Finance
KB Financial generational shift puts bank CEO appointments in focus
A long-standing expectation of CEO reappointment in South Korea’s financial sector is being tested after KB Financial Group chose Lee Jae-geun as its next chairman instead of reappointing Yang Jong-hee. Attention is turning to Sh Suhyup Bank’s selection of its next chief executive, with a final candidate due on Sept. 22. Major bank CEO terms also end on Dec. 31, while the Financial Supervisory Service plans tighter checks of succession processes.
Finance
Sh Suhyup Bank appoints Kim Yoon-ho as CEO of Sh Suhyup Asset Management
Sh Suhyup Bank said on April 13 it appointed Kim Yoon-ho, a former vice president at Hana Alternative Investment Management, as the new chief executive of its subsidiary Sh Suhyup Asset Management. The bank described the move as aimed at pushing a shift into a comprehensive asset manager spanning traditional assets and real estate alternative investments. It plans to strengthen expertise and expand synergies with the National Federation of Fisheries Cooperatives.
Finance
Second phase of public agency relocations raises tension in South Korea\'s financial sector
South Korea is stepping up discussions on a second phase of relocating public agencies out of the Seoul area, raising the possibility that major financial institutions, including policy lenders, could be moved. The government is considering selecting targets through a full survey and pursuing phased relocations from as early as 2027. The financial sector is watching whether Korea Development Bank is included. The finance union is calling for the plan to be halted and has launched a joint task force.
