KakaoBank's CEO to begin 4th term in late March

• Published date: 06 March 2023
• Publication title: The Korea Times

KakaoBank's CEO Yoon Ho-young successfully secured his fourth two-year term that will begin later this month.

Kakao Bank announced Monday that the internet-only bank's executive appointment committee selected Yoon as the sole candidate for the bank's next chief. The decision on the digital bank's next top position will be officially confirmed at its shareholders' meeting slated for later this month.

A graduate of Hanyang University, the 51-year-old leader is often called the "father of KakaoBank" as he has been leading the digital-only bank since its beginnings. After spending his early career as Daum's vice president from 2009 to 2014, he led the Daum-Kakao task force team to launch a mobile bank...