Industrial Bank of Korea (IBK) President Jang Min-young reported assets worth about 1.6 billion won. Jang was found to be a multiple-home owner, with apartments in Incheon Songdo and Goyang.

According to the April 2026 ad hoc disclosure of assets released on the 24th by the Government Public Officials' Ethics Committee, Jang's total assets were 1.67733 billion won.

Jang Min-young, CEO of IBK. /Courtesy of News1

Jang's assets were concentrated in real estate. Jang owns an 84.57㎡ unit in Hillstate Lake Songdo Phase 3 in Songdo-dong, Yeonsu-gu, Incheon, and reported it at 1.13225 billion won. Jang also owns an 84.79㎡ unit in Okbit Maeul Apartment in Hwajeong-dong, Deokyang-gu, Goyang, Gyeonggi Province, valued at 329 million won. An equity share in a building in Inui-dong, Jongno-gu, Seoul, under the spouse's name, was reported at 184 million won.

Jang's deposits were reported as 186.17 million won in personal accounts, 77.85 million won under the spouse's name, and 41.66 million won under the younger daughter's name. Jang's securities consisted of 439 shares of HD Hyundai Heavy Industries and 196 shares of Industrial Bank of Korea (IBK), totaling 279.37 million won.

An Industrial Bank of Korea (IBK) official said, "One of the dwellings owned by Jang is in the process of being disposed of. The spouse's equity in the building was inherited, and that too is under discussion for disposal."

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