[Digital Today reporter Lee Ji-young] Lee Dong-cheol (이동철), former vice chairman of KB Financial Group, has been tapped as a candidate for the next chairman of the Credit Finance Association.
On June 4, the financial industry said the association's chief executive candidate recommendation committee held its second meeting and recommended Lee as the sole candidate.
Lee is expected to be officially appointed as the 14th chairman of the association by a resolution at an extraordinary general meeting on June 16. The term is 3 years.
Lee has served as an executive director in KB Financial Group's strategic planning division, a senior vice president overseeing strategy, chief executive of KB Kookmin Card, and vice chairman of KB Financial Group.