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Management Profile

Jong Kyoo Yoon

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Jong Kyoo Yoon Chairman & CEO KB Financial Group Inc.

Dr. Jong Kyoo Yoon was elected as Chairman and CEO of KB Financial Group and President and CEO of Kookmin Bank in 2014, in appreciation of his extensive experience and in-depth knowledge of financial industry, complemented with outstanding capability and dedicated service evidenced as Deputy President & CFO of KB Financial Group (2010 ~ 2013) and CFO & SEVP of Kookmin Bank, the Group’s flagship subsidiary (2002 ~ 2004).


Prior to his return to the Group as Chairman and CEO, Dr. Yoon served as Senior Advisor at Kim & Chang, Korea’s premier law firm, from 2013 to 2014, where he provided a wide spectrum of professional advisory services spanning from M&A, PMI to strategic alliance and tax advisory.


During his tenure as Deputy President & CFO of KB Financial Group from 2010 to 2013, Dr. Yoon spearheaded Group’s financial planning & management and led profitability improvement. Dr. Yoon demonstrated strong execution capability and management judgment, which had been evidenced through his achievements as CFO such as successful adoption of K-IFRS and involvement in formulating strategic and operational directions related to spin-off of credit card business from Kookmin Bank and merger between KB Investment & Securities Co., Ltd. and KB Futures Co., Ltd. Dr. Yoon was also highly regarded for his contribution to profitability improvement including NIM increase led by loan pricing system enhancement and funding cost reduction, and cost efficiency improvement.


As Chief Risk Officer of KB Financial Group from 2010 to 2011, Dr. Yoon oversaw Group’s asset quality improvement, solidifying Enterprise Risk Management system primarily through formation of Risk Monitoring System and Total Exposure Limit Control System. Based on his judgment for prudent risk management, more stringent credit appetite and credit analysis system were implemented.


Dr. Yoon’s first engagement with Kim & Chang as Senior Advisor started in 2005, serving for six years until 2010, employing his in-depth knowledge and seasoned experience both in banking and non-banking sectors. Dr. Yoon exercised expertise accumulated through his long career as banker, professor, advisor and CPA in a wide range of areas including strategic planning, financial and tax strategy, labor issues and M&A.


During his three-year service at Kookmin Bank, he was a Senior Executive Vice President (CFO/CSO/ Retail Banking Head) in charge of the Bank’s strategy, financial planning and retail banking operations. Some of his accomplishments at the Bank included the post-merger integration between Kookmin Bank and Housing & Commercial Bank, integration of credit card business, and improvement of cross-selling capabilities such as mutual fund and bancassurance. From 2003 to 2004, he was also a Commissioner and Director at Bank Internasional Indonesia.


Before joining Kookmin Bank in 2002, Dr. Yoon was an Executive Vice President and Senior Partner at Samil PricewaterhouseCoopers, where he oversaw financial restructurings of multiple banking institutions and corporate workout programs during the Asian financial crisis of 1997. In 1991 he received the “Best Independent Auditor” award from the Korean Listed Companies Association.


He also advised the Korean Government, Financial Supervisory Service and non-profit organizations on taxation, accounting and financial-planning issues.


Dr. Yoon received a B.A. in Business Administration from Sungkyunkwan University, an M.A. in Business Management from Seoul National University, and a Ph.D. in Business Administration from Sungkyunkwan University.


Dr. Yoon has authored numerous books and articles on tax, accounting, and other related subjects and is fluent in both English and Japanese.

Jong-Hee Yang

Ki-Bum Lee

Min-Kyu Chung

Kyu Sul Choi

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