Shin Jung-hyun, Kyobo Lifeplanet head of digital strategy, presents a case of digital innovation at AWS re:Invent in the United States late last year. /Courtesy of Kyobo Lifeplanet

Shin Jung-hyeon, the second son of Shin Chang-jae, chair of Kyobo Life Insurance, who serves as head of digital strategy at Kyobo Lifeplanet, has been appointed to oversee Kyobo Life Insurance's global business. Along with his older brother, Executive Director Shin Jung-ha, who was promoted at the end of last year, he is expected to take part in Kyobo Life Insurance's overall operations.

According to the industry on the 7th, Kyobo Life Insurance appointed Deputy Minister Shin Jung-hyeon as head of global partnerships in the second half of this year. The global partnerships role is a institutional sector newly established by Kyobo Life Insurance in the second half. Shin will handle both his existing role at Kyobo Lifeplanet and Kyobo Life Insurance's global business.

Born in 1983, Shin graduated from Columbia University in the United States and earned an MBA from London Business School in the United Kingdom. He also handled management planning and strategy at SBI Sumishin Net Bank and SBI Insurance in Japan. After joining Kyobo Lifeplanet in 2020, he has been serving as Deputy Minister of digital strategy. He is leading product, data, and platform strategies along with digital transformation.

With this personnel move, both the first and second sons of Chair Shin Chang-jae have joined Kyobo Life Insurance's management line.

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