The board of the Korea Federation of Banks has approved Cho Yong-byoung, former chairman of Shinhan Financial Group, as its next head. Cho will begin on Dec. 1, succeeding Kim Kwang-soo.
The Korean Federation of Banks has recommended former Cho Young-byoung as its next chairman. Cho, if nominated, will begin a three-year term on Dec. 1.
Penalties on bank executives and directors linked to private equity funds are concerning and could limit bank activities, according to Kim Kwang-soo, Chairman of the Korea Federation of Banks.
Korea JoongAng Daily Sitemap