Lee Jaekeun, KB Financial Group Chairman Nominee: "Focusing on Capability Over Age... Will Lead Change and Innovation"

Lee Jaekeun Speaks on His First Day at Work on September 14

On September 14, Lee Jaekeun, the candidate for the next chairman of KB Financial Group, outlined his plan to proactively respond to changes in the financial environment driven by artificial intelligence (AI), digital transformation, and a capital market-centered paradigm.

Speaking with reporters at the lobby of KB Financial Group’s new headquarters building in Yeouido, Yeongdeungpo-gu, Seoul earlier in the day, Lee stated, "Currently, KB has recorded the highest performance ever, posting a net profit of nearly 3.9 trillion won in the first half of the year, and the stock price has also hit an all-time high. Being appointed at a time when such significant achievements have been made, I take this as a serious reminder not to become complacent as a market leader."

He continued, "The financial environment is changing rapidly due to AI and digitalization, with additional trends such as money movement and aging populations. There are even concerns that if financial institutions fail to adequately cope with the transformation brought by the AI era over the next three to five years, it could determine the very fate of financial groups. I interpret my appointment as a call to move forward without falling behind these changes, building on stable results."

Lee also expressed his intention to maintain KB Financial Group’s current management philosophy. He said, "I will ensure that management continuity, strategic continuity, and business continuity for KB Financial Group are all preserved without disruption. Should I officially take office, I will seriously contemplate how to best lead KB Financial Group with a strong sense of responsibility."

He further stressed, "I will always take a humble approach and listen to the voices of our customers, shareholders, employees, and the media. I am committed to ensuring that KB Financial Group drives the advancement and transformation of the financial industry and establishes itself as a leading financial group not just domestically but also in the global market."

Regarding year-end appointments within KB Financial Group affiliates, Lee said he would prioritize competency and expertise over generational changes based on age. He said, "Generational transition is about building an organization that can make decisions quickly and with accountability, rather than being about age. I will focus on selecting leaders based on capability, professionalism, their ability to engage with staff, and to inspire dedication within the organization, regardless of age."

Lee also pledged to strengthen the group’s social role through inclusive and productive finance. He explained, "Being a leading financial group does not just mean generating high profits from interest income; it also involves achieving shared growth with our customers and investors. I will strive to demonstrate leadership not only in productive finance but also in inclusive finance."

This content was produced with the assistance of AI translation services.