Taekwang Group announced on December 18 that it has appointed new CEOs for its affiliates for 2026.
As part of this reshuffle, Kim Daehyun, CEO of Heungkuk Life Insurance, has been nominated as the new CEO of Heungkuk Fire & Marine Insurance. Kim Hyungpyo, Head of Business Planning at Heungkuk Life Insurance, has been appointed as the new CEO of Heungkuk Life Insurance.
Kim Daehyun, nominee for CEO of Heungkuk Fire & Marine Insurance, began his career in 1990 at LG Insurance, the predecessor of KB Insurance, and spent over 30 years in the non-life insurance sector, eventually serving as Vice President at KB Insurance. He joined Taekwang Group as CEO of Heungkuk Life Insurance in March this year, and is now moving to lead the group's core non-life insurance business.
Kim Hyungpyo, nominee for CEO of Heungkuk Life Insurance, joined Cheil Life Insurance in 1994 and served as Head of Management Support. He joined Heungkuk Life Insurance in 2008, where he held positions including Head of Planning and Management, Head of Business Planning, and Head of Audit. Since March last year, he has served as Chief Financial Officer (CFO).
A Taekwang Group official stated, "Competition in the insurance industry is intensifying amid an increasingly uncertain business environment. We plan to strengthen our competitiveness by appointing experienced and specialized professionals to key positions in each sector."
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