KB Kookmin Bank inaugurated Lee Hwan-ju as its new chief executive officer on 2 January 2025. In his inaugural address, Lee placed customer trust at the centre of his strategic priorities.
The appointment was one of several leadership changes at South Korea's major banking groups in early 2025. Hana Bank also inaugurated its incoming chief executive on the same day.
KB FINANCIAL GROUP
KB Kookmin Bank is the commercial banking subsidiary of KB Financial Group.
RATE BACKDROP
The Bank of Korea cut interest rates in October and November 2024 after an extended tightening cycle to curb inflation.
Bank news that matters, every weekday.
Follow The Global Banker on LinkedIn