Hana Finance Chairman Kim Jung-tae succeeds in de facto reappointment… Extending term of office by one year

Hoe-Chu-wi recommends Chairman Kim Jong-tae as sole candidate
Final appointment scheduled after the shareholders’ meeting and board of directors in March
“I will devote myself to the stabilization of the group”

Jeongtae Kim, Chairman of Hana Financial Group.  Photo = Provided by Hana Financial
Jeongtae Kim, Chairman of Hana Financial Group. Photo = Provided by Hana Financial

Hana Financial Group Chairman Kim Jeong-tae succeeded in serving as the fourth consecutive term.

The Hana Financial Group Chairman Candidate Recommendation Committee held the committee on the 24th and announced that it had recommended Kim Jung-tae, the current chairman, as the sole candidate for the next president-elect.

On the 15th, Hoechu-wi selected four finalists (Short List). Subsequently, through an in-depth interview on the same day, the sole candidate for the next CEO and chairman with a one-year term extension was confirmed.

Hoe Chu Committee is an individual through in-depth evaluation through in-depth evaluation through in-depth questions and answers on the evaluation factors determined in the management succession plan of the CEO and chairman and the procedure for recommending candidates, such as entrepreneurship, experience and expertise, global mind, vision, mid- to long-term management strategy, and other network qualities. Explained that the candidates were verified.

Chairman Yoon Seong-bok said, “We evaluated the candidates by pointing out the concerns of shareholders, supervisory authorities and those who watch Hana Financial with interest.” “Chairman Kim Jong-tae, who has the ability to achieve organizational stability, active response to rapidly changing financial markets, and sustained growth in the global and ESG sectors, in a situation where economic uncertainty at home and abroad continues due to the aftermath of the corona, is the opinion that is the best. I collected.”

Finally, Chairman Yoon Seong-bok said, “Chairman Kim Jong-tae has been stably leading Hana Financial Group for a long time, and he praised the fact that his ability has been recognized by shareholders, customers and employees for his outstanding performance.”

Chairman Kim Jong-tae, who was recommended as a single candidate, is scheduled to be finally elected as the next CEO and chairman for a term of one year after going through the board of directors and regular shareholders’ meeting held next month.

Chairman Kim Jeong-tae was born in Busan in 1952 and graduated from Sungkyunkwan University, Department of Public Administration. After joining Seoul Bank in 1981, he joined Hana Bank in 1992. He served as Vice President of Hana Finance in 2005, CEO of Hana Daetoo Securities in 2007, and President of Hana Bank in 2008. Since becoming the chairman of Hana Financial Group in 2012, he has succeeded in serving consecutive terms in 2015 and 2018 respectively.

After being nominated as a candidate for chairman Kim Jong-tae, he said, “With a heavy sense of responsibility, I will devote myself to overcoming the crisis caused by internal and external uncertainties and stabilizing the organization of the group.”

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