South Korea\'s financial sector has entered the first-quarter earnings season, with non-interest income and non-bank units driving diverging results among major financial holding companies. KB Financial Group, Shinhan Financial Group and Hana Financial Group posted record results, while Woori Financial Group recorded a decline. Strong stock markets lifted securities firms\' earnings, and new savings and investment products were launched. The industry is also accelerating a shift toward AI and digital finance, alongside calls for stronger controls and risk 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.