On the 1st, ABL Life announced that it has appointed Kwon Hee-pil, former CEO of Shinhan Financial Plus, as the new CEO during the shareholders' meeting held at ABL Tower in Yeouido, Seoul.
The new CEO, Kwon, born in 1966, graduated from Korea University with a degree in business administration and is regarded as an insurance sales expert with over 20 years in the industry, having held major positions from a sales agent to CEO of a General Agency since starting his career at ING Life in 2001.
He has served as the head of the sales promotion division at ING Life and as Vice President of the FC channel headquarters, as well as overseeing the FC channel at Orange Life and Shinhan Life, contributing to the establishment of sales strategies and organizational growth. Until recently, he was the CEO of Shinhan Financial Plus.
The ABL Life Executive Candidate Recommendation Committee stated, "New CEO Kwon Hee-pil will lead the sound management, continuous growth, and revenue enhancement of ABL Life as a management expert faithful to the essence of the insurance industry through his diverse experiences."