Ahead of the pack
Kookmin Bank, Korea's biggest bank, has developed a sophisticated risk management system, increased its derivatives coverage and will soon launch a mortgage-backed securitisation programme. Joe Marsh talks to chief risk officer Don MacKenzie
Kookmin Bank, Korea's largest lender, with a household loan portfolio of 85.5 trillion won ($91.9 billion), is becoming a market leader across Asia, as well as domestically, in terms of economic risk management and Basel II preparations. Its risk management group, led by chief risk officer Don MacKenzie - a Goldman Sachs alumnus who has been at Kookmin Bank for seven years and in his current
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