IBK Savings Bank announced the appointment of Kim Hak-pil, former head of the Risk Management Group at IBK Bank, as its new vice president on October 21.
According to IBK Savings Bank, Kim graduated from Konkuk University with a degree in mathematics education and earned a master's degree in business administration (IMBA) from the Korea Advanced Institute of Science and Technology (KAIST).
He joined IBK Bank in 1992 and has held various positions, including branch manager at the Ju-an Industrial Complex, Dongdaemun branch, and Munjeong Legal Town branch. He later served as head of the Risk Management Department, head of the Risk Management Division, and head of the Gangdong Regional Headquarters, ultimately overseeing the bank's overall risk management as the head of the Risk Management Group.
IBK Savings Bank stated, "Vice President Kim is a financial expert with practical experience gained from his time in branches and regional headquarters, combined with expertise in risk management. We believe his understanding of the financial landscape and experience in managing the bank's overall risks will contribute to sound management and stability."
Meanwhile, IBK Savings Bank has successfully returned to profitability in the first half of this year, accelerating its management normalization. The bank has reduced high-risk assets, such as real estate project financing, while expanding its loan portfolio, resulting in improved profitability and soundness indicators. IBK Savings Bank reported a provisional net profit of 7.9 billion won for the first half of the year, with a delinquency rate lowered to 6.21%.
* This article has been translated by AI.
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