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KT&G shareholders approve CEO nominee despite opposition from IBK, FCP

KT&G succeeded in appointing Senior Executive Vice President Bang Kyung-man as its new CEO, Thursday, overcoming opposition from the Industrial Bank of Korea (IBK), its largest shareholder, and the activist fund Flashlight Capital Partners (FCP), as well as from Institutional Shareholder Services, the world’s leading proxy adviser.

Dr Sandile Khubeka is going strong a decade after he became SA s youngest doctor

FCP NAMED AS A PENSIONS & INVESTMENTS BEST PLACES TO WORK IN MONEY MANAGEMENT

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