Taekwang Group said on the 18th it carried out 2026 appointments of affiliate CEOs, naming Kim Dae-hyeon, CEO of Heungkuk Life Insurance, to lead Heungkuk Fire&Marine Insurance and appointing Kim Hyeong-pyo, head of management planning at Heungkuk Life Insurance, as CEO of Heungkuk Life Insurance.
Kim Dae-hyeon, the CEO-designate of Heungkuk Fire&Marine Insurance, joined LG Fire & Marine Insurance, the predecessor of KB Insurance, in 1990 and worked in the non-life sector for more than 30 years, rising to vice president at KB Insurance. He joined Taekwang Group in Mar. this year as CEO of Heungkuk Life Insurance and is now moving to his original field of non-life insurance.
Kim Hyeong-pyo, the CEO-designate of Heungkuk Life Insurance, joined Cheil Life Insurance in 1994, served as head of the management support team, and moved to Heungkuk Life Insurance in 2008. He then served as head of planning and management, head of management planning, and head of audit, and has been chief financial officer (CFO) since Mar. last year.
A Taekwang Group official said, "Competition in the insurance industry is intensifying amid an uncertain business environment," and noted, "We plan to strengthen competitiveness by placing leaders with both experience and expertise in each sector in the right roles."