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KB Financial Group backs Jae Keun Lee as next CEO

Shareholders are receiving the agenda to inform their voting, with a proposed three-year term attached to the executive director nominee.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

KB Financial Group Inc. said its extraordinary general meeting, scheduled for November 20, 2026, will consider appointing Jae Keun Lee as an executive director. The board recommends Lee as the next Chairman and CEO, and the proposed term of office is three years. The agenda is being distributed to shareholders for reference as they exercise their voting rights.

The board’s recommendation cites Lee’s 34-year career at KB Financial Group and experience across finance, strategy, global operations and wealth management. His listed current position is Chief Business Officer of Global, WM and SME at the Group, a role he has held since January 2026; he previously served as President and Chief Executive Officer of Kookmin Bank from January 2022 through December 2024.

Proposed executive director term 3 years Term of office for Jae Keun Lee’s proposed appointment
Career at KB Financial Group 34 years Career length cited in the board’s recommendation
Extraordinary general meeting November 20, 2026 Scheduled meeting date
extraordinary general meeting regulatory
"extraordinary general meeting of shareholders"
Executive Director Nominee regulatory
"Appointment of an Executive Director Nominee"
CEO Nominating Committee regulatory
"The Board of Directors (The CEO Nominating Committee)"
Wealth Management financial
"Wealth Management (“WM”)"
Wealth management is a professional service that helps people organize, grow and protect their money by combining investment advice with tax planning, retirement preparation and long-range financial planning into a single, ongoing strategy. Think of it as a personal financial coach and project manager who coordinates specialists and choices to meet life goals. For investors, it matters because it aligns investments with objectives, manages risk and seeks better after-tax outcomes over time.
non-banking business portfolio financial
"expansion and diversification of the Group’s non-banking business portfolio"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is KB Financial Group (KB) proposing as its next executive director?

The agenda lists Jae Keun Lee for appointment as an executive director, and the board recommends him as the next Chairman and CEO. The proposed term of office is three years.

When is KB Financial Group’s extraordinary general meeting?

KB Financial Group’s extraordinary general meeting is scheduled for November 20, 2026. The agenda is being distributed to shareholders as they exercise their voting rights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul 07331, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 
 


On October 28, 2026, KB Financial Group Inc. (“KB Financial Group” or the “Company”) furnished a public notice regarding the convocation of its extraordinary general meeting of shareholders to be held on November 20, 2026 (the “EGM”).

The agenda for the EGM is currently being distributed to shareholders of KB Financial Group for their reference as they exercise their voting rights.

Agenda:

 

  1)

Appointment of an executive director

 

  -

Executive director candidate: Mr. Jae Keun Lee


Details of the Agenda for the Extraordinary General Meeting of Shareholders

Agendum 1. Appointment of an Executive Director

Nominee for Executive Director(1)(2)

 

Name    Date of 
Birth 
  

 

Nominating 

Entity 

 

  

Term of 

Office 

   Main Position     Career (including current position)
Jae Keun Lee 

(New appointment) 

   05/27/1966     The Board of 

Directors 

(The CEO 

Nominating 

Committee) 

   3 years(3)     Chief Business Officer 

of Global, WM and 

SME, KB Financial 

Group 

  

 

•  Chief Business Officer of Global, WM and SME, KB Financial Group (Jan. 2026~Current)

 

  

•  Chief Business Officer of Global Business (Jan. 2025~Dec. 2025)

 

  

•  President and Chief Executive Officer, Kookmin Bank (Jan. 2022~Dec. 2024)

 

  

•  Senior Executive Vice President and Head of Sales Group, Kookmin Bank (Jan. 2020~Dec. 2021)

 

  

•  Senior Managing Director of Sales Planning Group, Kookmin Bank (Jan. 2019~Dec. 2019)

 

  

•  Managing Director of Sales Planning Group, Kookmin Bank (Jan. 2018~Dec. 2018)

 

  

•  Managing Director and Chief Financial Officer, KB Financial Group (Jan. 2017~Dec. 2017)

 

  

•  Head of Financial Planning Department, KB Financial Group (Jan. 2015~Dec. 2016)

 

 

Notes: (1)

The nominee (i) has not engaged in any transactions with KB Financial Group during the past three years and (ii) does not have any relationships with the largest shareholder of KB Financial Group.

    (2)

The nominee (i) owes no delinquent taxes, (ii) does not belong to the management of an insolvent company and (iii) is not subject to any legal grounds for disqualification.

    (3)

The nominee’s term of office is expected to be from November 21, 2026 to November 20, 2029.


The Board of Directors’ Reasons for Recommending the Nominee

 

Name   

 

Reasons for Recommendation

 

Jae Keun Lee   

 

•  With a 34-year career at KB Financial Group (the “Group”), Chairman and CEO candidate Mr. Jae Keun Lee possesses deep industry acumen and strategic insight honed across the Group’s core pillars, including Finance, Strategy, Global Operations, and Wealth Management (“WM”). In particular, while serving as the Head of Financial Planning and the Chief Financial Officer (“CFO”) of the Group, he played an instrumental role in the successful acquisitions of LIG Insurance, Hyundai Securities, and Woori Financial, thereby substantially contributing to the expansion and diversification of the Group’s non-banking business portfolio.

 

•  Furthermore, as former CFO and Head of the Business Group at Kookmin Bank, he spearheaded profitability-focused expansion and systematized branch sales networks. Appointed as the industry’s youngest chief executive officer in 2022, he led the bank’s turnaround to reclaim the leading bank title by fundamentally reshaping the profit structure. Since 2025, as Senior Executive Vice President of the Group, he has overseen the Global, WM, and SME businesses—key strategic areas for the Group—driving sustainable performance and bolstering future market competitiveness.

 

•  Additionally, he brings collaborative leadership committed to mutual growth with diverse stakeholders and has demonstrated decisive execution capabilities to maximize the Group’s potential amid a rapidly shifting financial environment and accelerating asset reallocation.

 

•  The nominee for Chairman and CEO, Jae Keun Lee, fully satisfies all eligibility criteria stipulated by relevant laws and regulations, including the Act on Corporate Governance of Financial Companies. At this critical juncture demanding bold transformation to reinforce the Group’s core fundamental competitiveness and secure future growth engines, he is deemed the ideal leader to successfully steer the Group, and is hereby recommended as the candidate for the next Chairman and CEO.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

     

KB Financial Group Inc.

  
     

(Registrant)

  
Date: October 28, 2026      

By: /s/ Sang Rok Na

  
     

(Signature)

  
     

Name: Sang Rok Na

  
     

Title: Senior Managing Director and Chief Financial Officer

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