KB Financial Group on the 26th carried out a reorganization that moves the holding company's information protection department from the IT division to under the chief compliance officer to strengthen customer information protection and productive finance, and creates a new "CIB (Corporate & Investment Banking) market division."

KB Financial Group assigned a Deputy Minister-level expert to the information protection department and established a cybersecurity center within the organization. It also plans to organically link CIB and the capital market through the CIB market division.

KB Financial Group headquarters building./Courtesy of KB Financial Group

At KB Kookmin Bank, it plans to create the Growth Finance Promotion Headquarters, an organization to support productive finance, and reorganize the loan management and screening organization to strengthen execution in productive finance. KB Kookmin Bank created the future strategy division to comprehensively manage the strategy office, which handles strategy, synergy, and ESG, and the AI·DT Promotion Headquarters, which handles AI, data, and digital innovation.

It will also create the WM·SME (small and medium-sized corporations) institutional sector and establish a dedicated organization for consumer protection. Through this dedicated organization, it plans to respond preemptively and systematically to various financial crimes, including voice phishing.

The existing 12 regional sales groups, which perform branch support roles, will be reorganized into five sales promotion groups (Gangnam, Gangbuk, capital area, Yeongnam, Chungcheong·Honam), and to enhance customer convenience in using digital finance, functions related to "UI/UX and digital content" will be integrated into the digital sales group. It also created an organization to oversee the development of non-face-to-face platforms such as Star Banking.

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