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The South Korean startup bank is said to be experiencing rapid growth from its services, which senior executives think could see the bank turning a profit in 2022. ....
Hankook Tire executive may lead K bank Posted : 2021-01-17 13:45 Suh Ho-sungBy Park Jae-hyuk Hankook Tire & Technology Senior Vice President Suh Ho-sung has emerged as the top candidate to possibly lead K bank, succeeding the internet-only bank s former head, Lee Mun-whan, who abruptly resigned earlier this month citing personal reasons, less than a year after his appointment. The bank s executive recommendation committee interviewed Suh last week and nominated him as the sole candidate to replace Lee, according to industry sources Sunday. K bank Executive Vice President Chung Woon-ki, who is serving as the interim CEO, reportedly declined to take on the post permanently. ....
K bank in urgent search for new CEO Posted : 2021-01-11 16:19 By Kim Bo-eun /K bank is urgently searching for a new figure to serve as its CEO after former chief Lee Mun-whan resigned abruptly, Friday. The digital bank did not offer an explanation about Lee s decision to step down. Lee became K bank s chief in April 2020 and his term was set to last until March 2022. The resignation came as a surprise given the efforts Lee made to normalize operations at the firm. K bank, the first internet bank established in Korea in 2017, faced obstacles in securing capital in its early years. This resulted in a virtual suspension of operations in 2019. ....