Jang Minyoung, CEO of IBK Asset Management, Appointed as New President of Industrial Bank of Korea

Jang Minyoung, Nominee for President of Industrial Bank of Korea

On January 22, the Financial Services Commission announced that Chairman Lee Eogwon has nominated Jang Minyoung, CEO of IBK Asset Management, as the new president of Industrial Bank of Korea.

The Financial Services Commission described Jang as a financial expert who has built expertise in risk management and a deep understanding of financial markets by holding key positions at Industrial Bank of Korea, including Head of Risk Management Group (Vice President), Head of Gangbuk Regional Headquarters, Director of IBK Economic Research Institute, and Head of Fund Management.

Having worked for approximately 35 years at Industrial Bank of Korea and IBK Asset Management, Jang is expected to demonstrate stable leadership based on his in-depth understanding of the bank.

Furthermore, leveraging his expertise, he is considered the right person to strengthen financial support for small and medium-sized enterprises and small business owners, expand future growth engines such as venture investment and financing in advanced strategic industries, and lead a productive financial transformation through policy finance.

Jang will become the sixth president of Industrial Bank of Korea to be promoted from within the organization.