(Seoul=Yonhap Infomax) Soo Yong Lee – Samsung Life Insurance Co., South Korea’s largest life insurer by assets, announced on the 24th that it has promoted Lee Seung-ho, Executive Vice President and Head of the Financial Competitiveness Enhancement Task Force (TF), to President and Co-CEO.


Lee Seung-ho is a seasoned financial executive who previously served as Head of Management Support and Head of Digital at Samsung Securities Co. before joining Samsung Life Insurance at the end of 2021, where he led the Asset Management Division and other key roles.


Since late 2022, Lee has headed the Financial Competitiveness Enhancement TF, earning recognition for his leadership and management capabilities.


With this appointment, Samsung Life Insurance will operate under a two-CEO system, with Lee Seung-ho joining current CEO Hong Won-hak in steering the company’s leadership.


Previously, at the end of 2022, Samsung Life Insurance had also implemented a two-CEO structure by appointing Park Jong-moon, then Head of the Financial Competitiveness Enhancement TF, as President of the Asset Management Division alongside former CEO Jeon Young-mook.


Samsung Life Insurance stated that it will soon finalize and announce its regular executive appointments for 2026 for positions below Executive Vice President.


Lee Seung-ho, newly appointed President of Samsung Life Insurance
Lee Seung-ho, newly appointed President of Samsung Life Insurance


sylee3@yna.co.kr


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