KB Financial Group picked banking expert Kwon Seon-joo as its board chair, making her the first woman to serve in the role. The decision was approved at a board meeting on Friday. With over 30 years of experience in the financial industry, Kwon served as the CEO of the Industrial Bank of Korea from 2013 to 2016. She was the first woman to take the top position at a local bank. She joined KB Financial Group's boa.
Lee Myong-hwal, a senior research fellow at the Korea Institute of Finance, was recommended as a new outside director for KB Financial Group, the company said Wednesday.
Infineon Technologies, a Germany-based semiconductor company specializing in automotive chips, announced a new low-power double data rate (LPDDR) flash memory chip for vehicles, Tuesday.