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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.

Finance

Who will be KB Financial\'s next chairman? Yang Jong-hee\'s re-election draws attention amid governance uncertainty

KB Financial Group has narrowed its shortlist for next chairman to six candidates, including incumbent Yang Jong-hee (양종희), as it begins the selection process amid delays in regulators’ governance reform plan for financial holding firms. The shortlist includes four internal and two external candidates, with one external candidate unnamed at their request. The committee plans interviews and further narrowing through September, with the final pick expected to be appointed at an extraordinary shareholders’ meeting in November.