KB Financial Group's outgoing chair, Yoon Jong-kyoo, said Monday that he hopes his successor will realize his unattained goal to grow the group as a top-10 financial firm in the world. "I previously said I want to turn the group into the 'Samsung of finance,' but now that I look back, I feel a lot of regret when thinking about how much progress we've made (on global stage)," Yoon said at.
KB Financial Group is often referred to as a "big fish in a small pond," given its position as Korea's largest financial holding firm with a weak global presence. The group's new chairman candidate, Yang Jong-hee, aims to change this. According to KB, Yang’s global expansion plan focuses on two key areas: Normalizing KB's money-losing Indonesian subsidiary, Bank KB Bukopin, and further .
Yang Jong-hee, the final candidate for the chairman position and current vice chairman of KB Financial Group, on Monday vowed to prioritize revitalizing the group's money-losing Indonesian subsidiary. He picked Bank KB Bukopin as one of the three critical tasks he would resolve if he takes the top seat of the Korean banking conglomerate in November. "Even within our domestic market, the process of acquiring.
The nomination of KB Financial Group Vice Chairman Yang Jong-hee as the group s next chief signals that the group is on course to bolster its non-banking business under a broader strategy.