ABL Life Insurance has appointed Kwag Hee-pil, the former head of Shinhan Financial Plus, a general agency subsidiary of Shinhan Life, as its new CEO. The appointment was confirmed by the company on Tuesday. Kwag’s background in the insurance industry, particularly his experience at Shinhan Financial Plus, is expected to bring valuable insights to his new role at ABL Life Insurance. The change in leadership comes as the company continues to navigate the evolving insurance landscape in the region.