Search results for subsidiary CEO candidate recommendation committee
Finance
Woori Bank CEO Jung Jin-wan reappointed for 1 year as Woori Financial renews nomination
Woori Financial Group’s subsidiary CEO nomination committee decided to extend Woori Bank CEO Jung Jin-wan’s term by 1 year, to the end of 2027. The committee cited improvements in the bank’s capital ratio, a recovery in loan growth and profitability, and an expansion of its digital platform business. The decision applies the bank chief executive term principle of “2+1 years” and followed a review of performance and future plans.
Finance
Shinhan Financial shortlists first-round candidates for Shinhan, Jeju Bank CEO posts
Shinhan Financial Group said it has narrowed the first-round candidate pool for the next heads of Shinhan Bank and Jeju Bank, whose terms end later this year. The group expanded the role of each bank’s executive candidate recommendation committee, involving it directly from candidate recommendations to final selection. Shinhan Financial’s committee will finalise the shortlist in November, conduct in-depth interviews and evaluations, and recommend final candidates in early December.
Finance
Woori Financial starts bank CEO succession process, expands committee role
Woori Financial Group has begun management succession procedures to appoint the next head of Woori Bank. Woori Financial Group said it launched the process after holding a meeting of its subsidiary CEO candidate recommendation committee. The company plans to expand the role of the bank executive candidate recommendation committee, add a new review of management performance, and involve external specialist organisations to verify performance from a market perspective. It will also set detailed standards and procedures in advance.