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NongHyup Financial names CEOs for NongHyup Bank, NongHyup P&C Insurance

Lee Dae-hoon and Oh Byung-kwan were nominated as CEOs of NongHyup Bank and NongHyup Property & Casualty Insurance Co. Ltd., respectively, The Korea Times reported Dec. 26.

Lee is a former executive of National Agricultural Cooperative Federation, which is the parent of NongHyup Financial Group Inc. Oh currently serves as a vice president at NongHyup Financial. Lee will replace Lee Kyung-seob as CEO of NongHyup Bank.

NongHyup Financial's board members and shareholders will meet to approve the nominations.