Chief Executive Kim Young-seok of Kyobo Lifeplanet Life Insurance (Kyobo Lifeplanet) won a new term.
Kyobo Lifeplanet said on the 1st that the shareholders meeting and board meeting held on the 28th confirmed Kim's reappointment. It comes about two years after Kim took office at the end of 2023 as the first CEO hired from outside. The term runs through Feb. 2027.
The company said, "Stabilized performance and improved financial soundness since taking office, along with laying a foundation for growth as a digital insurer, were the reasons for the new term."
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