Former Industrial Bank of Korea EVP Baek Sanghyun Takes Office as IBK Credit Information CEO

Lending and Corporate Finance Expert Expected to Enhance Group Synergies

IBK Credit Information announced on November 2 that Baek Sanghyun, former head of the Credit Operations Group and executive vice president at Industrial Bank of Korea, had taken office as its new CEO.

Baek joined Industrial Bank of Korea in 1992. He served as head of the Southern Gyeonggi Regional Headquarters, head of the Card Business Group and the Pension Business Group, and later head of the Credit Operations Group. He also held positions including branch manager of the Gajwa Industrial Complex Corporate Growth Branch, head of the Global Sales Support Team in the Global Business Department, and head of the Credit Planning Department, building expertise in lending and corporate finance.

He graduated from Kyung Hee University and earned an Executive MBA master's degree from the Graduate School of Technology and Management at the Korea Advanced Institute of Science and Technology (KAIST).

The company said Baek is considered the right person to strengthen IBK Credit Information's competitiveness and expand synergies with the IBK Financial Group, given his expertise in lending and corporate finance.

“Supporting customers as they rebuild their lives through inclusive finance, and providing lending support that strengthens financial soundness, are important roles of IBK Credit Information,” Baek said. “I will build an IBK Credit Information where individuals can realize their dreams as the company grows, and where their growth in turn becomes a source of the company's competitiveness.”

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