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NongHyup Life names new CEO

South Korea's NongHyup Life Insurance Co. Ltd. said Dec. 31, 2018 that Hong Jae-eun, a former NongHyup Financial Group Inc. executive, has officially commenced his term as CEO the same day, Yonhap News Agency reported.

NongHyup Financial Group appointed Hong CEO of its life insurance unit Dec. 17, 2018.