Kang Jindu, nominee for CEO of the IB Division at KB Securities. /Courtesy of KB Securities

KB Securities will be reorganized under a co-CEO structure with Lee Hong-gu and Kang Jin-doo. Kim Sung-hyun, who took office in 2019 and has led the company for about seven years, will step down with this personnel move.

On the 16th, KB Financial Group held the Affiliate CEO Candidate Recommendation Committee and recommended CEO candidates for six affiliates, including KB Securities.

For the CEO candidate of KB Securities' IB division, Vice President Kang Jin-doo, currently head of the Corporate Strategy Group, was recommended. Born in 1968, Kang has overseen overall organizational operations since last year as vice president in charge of management support.

CEO Lee Hong-gu, who leads the WM division, will steer the company as a co-CEO in recognition of driving growth in the wealth management (WM) division through advancing a hyper-personalization-based digital platform.

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