#2789
Shin Chang-jae
Korea 72 years old
Overview
- Source of Wealth
- Insurance
- Industry
- Finance & Investments
- Residence
- Seoul
- Organization
- Kyobo Life Insurance
- Education
- Seoul National University (Doctorate)
- Marital Status
- Married
- Children
- 2
Biography
Shin Chang-Jae is the chairman and CEO of Kyobo Life Insurance, founded by his father in 1958 as Daehan Kyoyuk Insurance.
When Shin assumed the posts in 2000, Kyobo was reeling from investment portfolio losses in the aftermath of the Asian financial crisis.
He turned the company around, focusing on customer satisfaction and risk control.
With a network of agents and financial planners, the company now offers insurance and asset-management products to more than 5 million customers.
About
He has a mischievous penchant for staging stunts to make a point, such as reportedly taking part in his own fake funeral.
In 2010, he received the 19th Montblanc de la Culture Arts Patronage Award for his support of Korean literature through the Daesan Foundation.