KB Financial Group Inc. filed a Form 6-K on October 28, 2026, furnishing a public notice of an extraordinary general meeting of shareholders scheduled for November 20, 2026, at which the sole agenda item is the appointment of Jae Keun Lee as an executive director.

Key Highlights

  • EGM date: The extraordinary general meeting is scheduled for November 20, 2026, according to the filing.
  • Sole agenda item: The meeting's only agenda item is the appointment of Jae Keun Lee as an executive director, nominated by the Board of Directors via the CEO Nominating Committee.
  • Proposed term: If approved, Lee's term of office is expected to run from November 21, 2026 to November 20, 2029, a period of three years.
  • Current role: Lee currently serves as Chief Business Officer of Global, WM and SME at KB Financial Group, a position he has held since January 2026.
  • Prior executive tenure: Lee served as President and Chief Executive Officer of Kookmin Bank from January 2022 through December 2024.
  • Career length: The Board's recommendation cites a "34-year career at KB Financial Group" in support of the nomination.

KB Financial Group Board Nominates Jae Keun Lee as Next Chairman and CEO

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, KB Financial Group Inc. (NYSE:KB) convened notice of an extraordinary general meeting of shareholders for November 20, 2026. The company disclosed that the agenda is being distributed to shareholders to assist them in exercising their voting rights. The single item before shareholders is the appointment of Jae Keun Lee, born May 27, 1966, as an executive director for a three-year term.

The filing states that Lee was nominated by the Board of Directors through the CEO Nominating Committee. His career history as listed in the filing includes roles such as Managing Director and Chief Financial Officer of KB Financial Group (January 2017 to December 2017), Head of Financial Planning at KB Financial Group (January 2015 to December 2016), and President and Chief Executive Officer of Kookmin Bank (January 2022 to December 2024). The Board's recommendation credits him with playing "an instrumental role in the successful acquisitions of LIG Insurance, Hyundai Securities, and Woori Financial" while serving in CFO and financial planning roles.

The filing also notes that the nominee "does not have any relationships with the largest shareholder of KB Financial Group," owes no delinquent taxes, does not belong to the management of an insolvent company, and is not subject to any legal grounds for disqualification. The Board described Lee as "the ideal leader to successfully steer the Group" at what it characterized as "a critical juncture demanding bold transformation," though these characterizations are the company's own and subject to its cautionary language.

What Was Disclosed

KB Financial Group filed a Form 6-K disclosing a public notice of an extraordinary general meeting set for November 20, 2026. The sole agenda item is a shareholder vote on appointing Jae Keun Lee as executive director for a three-year term beginning November 21, 2026.