Yonhap News AgencyJune 5, 2013 14:12
SEOUL, June 5 (Yonhap) -- KB Financial Group Inc. on Wednesday nominated Lim Young-rok, the incumbent president of the group, as the new chairman at South Korea's No. 2 banking group, officials said.
KB Financial said that its head-selection committee picked the 58-year-old Lim, the group's second-highest official as its new chief to replace Chairman Euh Yoon-dae, who is set to step down in July.
Lim's nomination needs to receive approval from the board and shareholders' meetings slated for July 12.