Kim's the winner, but which one?

The merger of Kookmin bank with H&CB to create a Korean superbank is one of the most significant deals of the year.

The most difficult and crucial aspect of the transaction has become the selection of the new CEO. Tensions have arisen as HCB's Kim Jung Tae has vied with Kookmin's Kim Sung Hoon to get the top spot. A five person merger committee will decide the new CEO but thus far it has deferred the controversial decision.

This prevarication is regarded unfavourably by many international observers. The CEOs each have strong views, and until it is...

To continue reading, please login or register for free

Click for more on: kims | winner | one

Print Edition

FinanceAsia Print Edition