Kakao Bank names deputy CEO, boosts dividend

Kakao Bank held its annual general meeting on Thursday, during which shareholders approved the appointment of Kim Geon-soo as deputy chief executive and a 219.2 billion won ($145.5 million) cash dividend. Kim joins from Korea Investment & Securities, Kakao Bank's second-largest shareholder, which shares control of the lender with top shareholder Kakao. Both hold 27.16 percent stakes, with Kakao ahead by one share. At Korea Investment & Securities, Kim held senior roles in product strategy and we

By The Korea Herald