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Kakao Bank nominates Yun Ho-young for fifth term as CEO

Kakao Bank CEO Yun Ho-young has been nominated for a fifth term, according to a regulatory filing confirmed by the company on Mar.4.

The shareholders’ meeting is scheduled for Mar. 26 to approve his reappointment.

Yun, 54, has been with Kakao Bank since its launch in 2017. He served previously as vice president of Kakao Corporation.

If approved, his new two-year term will start after his current term ends on Mar. 28.

Recent Kakao Bank developments

Timeline
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15-Sep-2021 📱 UOB battles Sea, Gojek in Indonesia with TMRW digital bank
  • TMRW aims for 5M users by 2025.
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28-Jun-2021 💰 Korean startup Kakao’s online lending biz looks to raise $2.3b in IPO plans
  • Kakao Bank plans $2.3B IPO to raise funds.
  • IPO could value the bank at over $16B.
24-Nov-2020 📶 Singtel’s staff defied early rejection to launch a product. Can it recapture that magic?
  • Singtel sees drops in digital ad revenue, focusing on Gomo.
  • Partnership with Grab aims for a successful digital bank.

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