KB Financial Group, Inc. announced that as of January 1, 2016, Mr. Dong Cheol Lee was newly appointed as a senior managing director and Messrs. Hong Seob Shin, Pil Kyu Im and Young Hyuk Jo were newly appointed as managing directors. As of January 8, Mr. Dae Myeong Kang was newly appointed as a managing director.

As of January 11, 2016, Mr. Ok Chan Kim was newly named as president and chief operating officer. As of March 18, 2016, Mr. Jungsoo Huh was newly appointed as a senior managing director. As of January 1, 2016, Messrs.

Young-Tae Park and Kyung Yup Cho were promoted from managing directors to senior managing directors. On January 1, 2016, Messrs. Jong Hee Yang, Ki-Bum Lee, Kyu Sul Choi, and Minkyu Chung resigned their posts at KB Financial Group.