Bank CEOs to join Moon on Southeast Asia trip - The Korea Times

Bank CEOs to join Moon on Southeast Asia trip

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Korea Federation of Banks Chairman and CEO Kim Tae-young, center, is seen with Shinhan Bank CEO Jin Ok-dong, right, and KB Kookmin Bank CEO Hur Yin, left, in this file photo. / Korea Times file

By Kim Bo-eun

The chiefs of state-run and commercial banks will accompany President Moon Jae-in on his trip to Southeast Asia next month, according to industry sources, Monday.

Korea Federation of Banks Chairman and CEO Kim Tae-young, Industrial Bank of Korea (IBK) Chairman Kim Do-jin and Korea Export-Import Bank (Eximbank) Deputy President Kang Seung-joong are part of the mission to Myanmar.

The chiefs of the four major commercial banks ― Jin Ok-dong of Shinhan, Hur Yin of KB Kookmin, Ji Sung-kyoo of KEB Hana and Sohn Tae-seung of Woori ― will also join the delegation to Myanmar.

All four banks either have a subsidiary, a branch or an office in Myanmar. Both IBK and Eximbank have offices there.

The chief of the Korea Federation of Banks is also set to visit Thailand.

“The chairman will visit the country to establish ties with the federation's counterpart there,” a federation official said.

Moon will visit Thailand, Myanmar and Laos for six days from Sept. 1. This is part of the administration's drive to increase economic cooperation with countries in the region and strengthen ties. The president visited the other member states of ASEAN in previous years.

Kim Bo-eun

Bo-eun leads the digital content team. She has covered foreign affairs, North Korea, tech, economy and gender issues at The Korea Times. She did a short stint at the South China Morning Post in Hong Kong, where she obtained a new perspective on news production and life. Small sources of joy for her are lounging in the sun, having a good latte and swimming.

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