Kookmin merges risk and finance units, promotes CRO

Former CFO Hyun Kap Shin has resigned, but will remain on the board of directors until March. He joined Kookmin Bank – South Korea’s largest lender, with a household loan portfolio of $92 billion as of June last year – as CFO in November 2004.

“The integration of the risk management and financial management groups was part of a broad reorganisation in the bank that was made to bring about more focus and operational efficiencies in our business groups,” says MacKenzie.

MacKenzie has worked at the bank for almost eight years and as CRO for six of those.

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