KB Insurance Donates 900 Million KRW to the Social Solidarity Fund of the Office Finance Ubuntu Foundation

Signing Ceremony for Social Solidarity Fund Contribution Held on the 23rd

On the afternoon of the 23rd, KB Insurance held a signing ceremony for the social solidarity fund contribution to address social inequality and polarization at Nicolaohall in JU Donggyodong, a youth cultural space located in Mapo-gu, Seoul, together with the Office and Financial Ubuntu Foundation. Attending the event were Ki-hwan Kim, President of KB Insurance (second from the left), Dae-sung Kim, Head of the KB Insurance Labor Union Branch (first from the left), Pil-gyun Shin, Chairman of the Office and Financial Ubuntu Foundation (third from the left), and Jae-jin Lee, Chairman of the National Office and Financial Services Labor Union Federation (fourth from the left), who are posing for a commemorative photo.

[Asia Economy Reporter Ki Ha-young] KB Insurance will contribute a total of 900 million KRW to the Social Solidarity Fund established jointly by the financial labor and management under the Office Finance Ubuntu Foundation.

On the 23rd, KB Insurance held a signing ceremony for the contribution to the Social Solidarity Fund at the 2nd anniversary event of the Office Finance Ubuntu Foundation held at Nicola Hall in JU Donggyo-dong, Youth Culture Space, Mapo-gu, Seoul. KB Insurance has decided to contribute a total of 900 million KRW by 2023.

Attending the event were Kim Ki-hwan, President of KB Insurance; Kim Dae-sung, Head of the KB Insurance Labor Union; Shin Pil-gyun, Chairman of the Office Finance Ubuntu Foundation; and Lee Jae-jin, Chairman of the National Office Finance Service Labor Union and Federation.

Kim Ki-hwan, President of KB Insurance, said, "I hope that the Social Solidarity Fund contributed by KB Insurance will help alleviate social inequality and polarization, even if only a little. We will not stop at simply contributing funds but will take the lead in creating a better society through social contribution activities for the socially vulnerable."

Meanwhile, KB Insurance is realizing the value of coexistence through social contribution activities aligned with ESG (Environmental, Social, and Governance) management policies, such as investing a total of 300 million KRW over three years in the SIB (Social Impact Bond) project promoted by the Seoul Metropolitan Government last June to resolve youth unemployment.