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Lim Jong-ryong confirmed for second term as Woori Financial chairman

Lim Jong-ryong (임종룡), chairman of Woori Financial Group, was confirmed on March 23 as the group’s new chairman at its annual general meeting of shareholders. Lim had been selected as a chairman candidate by the executive nomination committee in December and secured shareholder approval on the day, confirming his reappointment. His new term runs through March 2029. Shareholders also approved the appointment of three outside directors: Yoon In-seop, Ryu Jung-hye and Jung Yong-gun.