The chairman of KB Financial Group Inc., South Korea's No. 4 banking group by assets, criticized the financial watchdog Wednesday for imposing a heavy punishment on him, vowing to retain his post to normalize the company's management.
After a months-long inquiry, the disciplinary panel of the Financial Supervisory Service (FSS) issued warnings in late August to KB Financial Chairman Lim Young-rok and its flagship Kookmin Bank President Lee Kun-ho over the group's selection of a new computer system.
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Watchdog slams Lufthansa over 'algorithm' price hikesMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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