Having faithfully performed its public policy banking role for 55 years, Korea Development Bank (KDB) was re-shaped in Oct 2009 as the KDB Financial Group, a corporate & investment banking specialist under a financial holdings company structure. The newly launched group will fulfill its new mission of pioneering the future financial industry of Korea. The KDB Financial Group combines the competitive strengths of KDB's corporate banking, Daewoo Securities' investment banking, KDB Capital and KDB Asset Management. While aiming to successfully convert to a privatized financial entity, the Group will evolve as global CIB that represents Korea by strengthening its core competencies, creating synergies and tapping into the global market.