KB Financial to hold cocktail reception during ADB meeting

The Korea Times

The Korea Times

Finance

Sun, December 10, 2023 | 13:46

Companies

KB Financial to hold cocktail reception during ADB meeting

Posted : 2023-05-03 09:20

Updated : 2023-05-03 11:03

KB Financial Group Chairman Yoon Jong-kyoo / Courtesy of KB Financial Group

By Anna J. Park

KB Financial Group plans to host a cocktail reception during the 56th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB), aiming to promote Korea's global competitiveness in the financial sector as well as the expansion of the financial group's worldwide business.

The financial group announced on Tuesday that it will hold the "KB Financial Group Cocktail Reception" at the Sheraton Grand Incheon Hotel on Thursday, inviting key officials from international organizations, global financial institutes as well as governments of many countries.

Some 200 distinguished guests are expected to attend the event, including Dinesh Kumar Khara, the chairman of the State Bank of India, and Morris Li, the chairman of Chinatrust Commercial Bank (CTBC Bank).

KB Financial Group Chairman Yoon Jong-kyoo, KB Kookmin Bank CEO Lee Jae-keun and other CEOs of subsidiary companies of the group will also join the networking event to discuss cooperative business deals.

During the reception, the KB Financial chairman is slated to present the group's global two-track growth strategy, which refers to the financial giant's differing approaches for Southeast Asian markets and advanced financial markets.

"By hosting the reception party, KB Financial Group plans to promote the competitiveness of Korea's financial sector, while actively seeking new business opportunities with competent global partners," an official at the financial group said.

annajpark@koreatimes.co.kr