Taekwang Group announced on the 4th that it has appointed Yoo Tae-ho, the CEO of TAE KWANG CORPORATION, as the representative of Taekwang Industrial, which is a textile and petrochemical subsidiary.

Kim Dae-hyun, former head of management at KB Insurance (vice president), has been appointed as the CEO of Heungkuk Life Insurance, while Yoo Jae-jun, former vice president of KB Life Insurance, has been appointed as the CEO of HK Financial Partners, a sales subsidiary of Heungkuk Life Insurance.

Yoo Tae-ho, the newly appointed CEO of TAE KWANG CORPORATION. /Courtesy of Taekwang Group

Yoo, the designated CEO of Taekwang Industrial, joined Heungkuk Life Insurance in 1980 and moved to Taekwang Industrial in 2002, where he served as an executive in charge of real estate management and public relations. He has been working as the CEO of TAE KWANG CORPORATION, an infrastructure and leisure subsidiary of Taekwang Group, since August 2023.

Kim, the designated CEO of Heungkuk Life Insurance, transitioned from LG Insurance in 1990 to KB Insurance in 2015, where he served as head of strategic sales, head of long-term insurance, and head of management.

Yoo, the designated CEO of HK Financial Partners, joined Heungkuk Life Insurance in 1989, where he served as the head of the bancassurance business unit and the head of the TM business division, and later moved to KB Life Insurance in 2014, where he served as head of strategic sales and vice president of overall sales in the institutional sector.

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