• Chairman of the Korea Federation of Banks
    Cho Yong-byoung

    Appointed After Stepping Down as Shinhan Financial Group Chairman, Facing Heavy Responsibility Amid Calls for Stronger Bank Internal Controls

    Last Updated on Feb 10, 2025

Life Summary

Cho Yong-byoung is the chairman of the Korea Federation of Banks.

As demands for stricter internal controls on banks intensify, he is focusing on serving as a bridge between the banking sector and financial authorities.

He was born on June 30, 1957, in Haman, Gyeongsangnam-do.

He graduated from Daejeon High School and studied law at Korea University.

He completed an MBA program at the Helsinki School of Economics in Finland.

He joined Shinhan Bank, where he held positions as head of the Human Resources Department, head of the Planning Department, and branch manager of the New York branch before serving as an executive director in charge of global business.

After serving as head of the Retail Division and deputy president of the Sales Promotion Group, he became CEO of Shinhan BNP Paribas Asset Management in 2013.

He served as president of Shinhan Bank before being appointed chairman of Shinhan Financial Group in 2017.

After completing two terms as chairman, he was elected chairman of the Korea Federation of Banks in 2023.

He demonstrates strong leadership while maintaining smooth communication.

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