KB Financial selects vice chairman as potential next head

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On Friday, South Korean banking group KB Financial Group Inc. announced that one of its vice chairmen, Yang Jong-hee, has been chosen as the candidate for the group’s next chief. Yang, 62, has been in charge of the group’s retail banking, asset management, and pension-related businesses since the beginning of the year. The nomination will be officially approved at a shareholders meeting in November.

Yang Jong-hee, who is the potential chairmanship candidate for KB Financial Inc., is seen in the accompanying photo provided by the financial giant. (PHOTO NOT FOR SALE) (Yonhap)

sam@yna.co.kr
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