On this day, Gwangju Bank held an executive nomination committee and finally confirmed the succession of Mr. Song. Earlier, JB Financial Group held a subsidiary CEO Candidate Recommendation Committee on the 6th and recommended Song Hangjang as the next president of Gwangju Bank. Mr. Song is scheduled to be officially appointed after a general shareholders’ meeting scheduled in March, and his term of office is two years.
Song is the first from the inside to be appointed as the head of the Gwangju Bank in September 2017, and then extended his term of office once in March 2019. The bank explained that it achieved the highest net income and the highest level of financial indicators in the financial sector every year, while at the same time remaining faithful to its role as a regional economic partner amid the coronavirus outbreak, it captured both profits and values.
In particular, Haengjang Song continued to develop local communities, provide financial support for local residents, and social contribution activities by investing 26 billion won in Gwangju-type job projects and participating as the third largest shareholder by focusing on local management.
Accordingly, Gwangju Bank succeeded in attracting local government vaults, such as acquiring vaults in Gwangju City and Jeonnam Province, and attracting new vaults in Gwangsan-gu, Gwangsan-gu, Jeollanam-do, and Suncheon-si.
As of the end of last month, financial support of 18,339 cases and 8668 billion won for the self-employed and small businesses affected by Corona 19 was also provided. In April of last year, it acquired JB Securities Vietnam (JBSV), the first Korean bank to establish a bridgehead for overseas expansion.
“We will do our best to grow into a bank for 100 years with a firmer belief in the future management plan,” said Song. I will leap forward to the bank.”

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