KB chairman nominee Lee targets industry change beyond record profit

  • Lee Jae-keun pledged to move KB Financial beyond domestic leadership and record results.
  • KB Financial earned 3.8846 trillion won in first-half net profit, up 13.1%.
  • KB plans to provide 110 trillion won in productive and inclusive finance through 2030.

KB Financial Group's next chairman nominee Lee Jae-keun said the group's leadership should be measured by its ability to create new industry standards, not simply retain South Korea's top spot. KB posted a record 3.8846 trillion won in first-half net profit, up 13.1% from a year earlier, while its share price also reached a record high. Lee said KB must build new growth engines around artificial intelligence, digital transformation and the shift of money toward capital markets. The group has approved two rights offerings for KB Securities totaling 1.7 trillion won, and the brokerage's contribution to group profit rose to 21% in the first half. Lee also pledged to expand productive and inclusive finance, supplying 110 trillion won through 2030, and to preserve continuity in management and strategy while promoting decentralized, system-based governance.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
KB chairman nominee Lee targets industry change beyond record profit - CoinPost Terminal