Top executives of domestic financial holding groups will accompany President Lee Jae-myung on a state visit to China in January.
According to the financial sector on the 31st, Jin Ok-dong, chairman of Shinhan Financial Group, is coordinating his schedule as part of the president's business delegation from Feb. 4 to 7. Along with Chairman Jin, Lee Hwan-joo, president of KB Kookmin Bank, Lee Ho-sung, president of Hana Bank, Chung Jin-wan, president of Woori Bank, and Kang Tae-young, president of NH Nonghyup Bank, will also visit China.
The delegation will be organized under the leadership of the Korea Chamber of Commerce and Industry. As the head of KORCHAM's Financial Industry Committee, Chairman Jin appears to be participating at the chairman level, unlike other financial holding groups.
In addition to the financial sector, heads of domestic conglomerates will also join the business delegation. The group is said to number around 200, including the chiefs of the four major conglomerates: Lee Jae-yong, chairman of Samsung Electronics; Chey Tae-won, chairman of SK Group and chairman of the Korea Chamber of Commerce and Industry; Chung Eui-sun, chairman of Hyundai Motor Group; and Koo Kwang-mo, chairman of LG Group.