Shin Chang-jae

Shin Chang-jae is a Korean billionaire businessman, Chairman and CEO of Kyobo Life Insurance Company. 

  • Shin Chang-Jae is the chairman of Kyobo Life Insurance, founded by his father in 1958 as Daehan Kyoyuk Insurance.
  • When Shin became chairman and CEO 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.