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▲ Kim Jung-tae, chairman of Hana Financial Group. |
[에너지경제신문=나유라 기자] Hana Financial Group Chairman Kim Jeong-tae will lead Hana Financial Group for another year.
Hana Financial Group’s Chairman Candidate Recommendation Committee (hereinafter referred to as the Hoichu Committee) held a committee on the 24th and announced that it had recommended the current Chairman Kim Jeong-tae as the sole candidate for the next CEO.
Chairman Kim Jeong-tae, who was recommended as a single candidate on this day, is scheduled to be finally elected as the next CEO and chairman of the term of office after going through the board of directors and regular shareholders’ meeting held next month.
Earlier, on the 15th of this month, on the 15th of this month, a total of four final candidates, including Chairman Kim Jeong-tae, Vice Chairman Ham Young-ju, Park Sung-ho, vice president of Hana Bank, and former Citibank Korea President Park Jin-hoe, were selected.
On that day, after in-depth interviews with the candidates, a single candidate for the next presidential and presidential office was confirmed.
In-depth questions and answers on entrepreneurship, expertise and experience, global mind, vision and mid- to long-term management strategies, networks and other qualities, which are the elements of interview evaluation determined in the’CEO and President’s Management Succession Plan and Candidate Recommendation Procedure’ Individual candidates were verified through evaluation.
The background of Hoe Chu-wi’s recommendation of Chairman Kim as the next chairman is interpreted as the result of consideration of the fact that he is free from various legal risks and excellent management performance.
After joining Seoul Bank in 1981, Chairman Kim served as President of Hana Daetoo Securities in 2006 and President of Hana Bank in 2008. After taking office as the chairman of Hana Financial Group in 2012, it has been evaluated for leading Hana Financial Group as the leading financial group in Korea based on its outstanding leadership.
However, the term of office for Chairman Kim will be limited to one year until March next year. This is because Hana Financial’s internal standards for governance stipulate that the age of the chairman cannot exceed the age of 70. Chairman Kim is 69 years old this year and can extend his term of office for one year to the shareholders’ meeting next year.
On the other hand, unlike Chairman Kim, Vice Chairman Ham, who was regarded as the influential candidate for the next chairman, seems to have caught up with various legal risks.
Vice Chairman Ham of Hana Bank’s employment corruption trial was postponed until the end of March, and an administrative lawsuit with the financial authorities is in progress as he was punished last year for the DLF crisis. Even if the Hoe Chu Committee finally elects vice-chairman Ham as chairman of Hana Financial Group, it is a common evaluation both inside and outside the financial sector that uncertainty will increase across the group if the result of a hiring corruption trial comes out during his tenure.
Yoon Seong-bok, chairman of Hana Financial Group’s Hoe Chu-com, said, “We evaluated the candidates by addressing the concerns of shareholders and supervisors as well as those who watched Hana Financial Group with interest.” “We gathered opinions that Chairman Kim Jung-tae, who has the ability to proactively respond to the organization’s stability and rapidly changing financial markets, and to achieve continuous growth of the group in the global and ESG sectors, is the best person.”
Next, Chairman Yoon said, “Hoe-Chuwi was highly praised for the fact that Chairman Kim Jeong-tae has been stably leading Hana Financial Group and has been recognized by shareholders, customers, and employees for his outstanding performance.”
After being recommended as a presidential candidate for a one-year extension, Chairman Kim said, “With a heavy sense of responsibility, I will devote myself to overcoming the crisis caused by internal and external uncertainty caused by Corona 19 and stabilizing the organization of the group.”
As Chairman Kim is nominated for the next chairman-elect, attention is focused on whether the CEOs of major affiliates of Hana Financial Group will be reappointed. It is reported that the Group Officers Candidate Recommendation Committee (Chuwi Lim) to select candidates will be held on the 25th.
The CEOs of subsidiaries whose terms are currently expiring include Hana Bank President Ji Sung-gyu, Lee Jin-guk, Hana Financial Investment President, Jang Kyung-hoon, Hana Card President Yoon Gyu-sun, Hana Capital President, and Oh Hwa-kyung, Hana Savings Bank President.
Among them, Jin-kook Lee, vice chairman of Hana Financial Group and CEO of Hana Financial Investment, has legal risks related to the alleged pre-sale of stocks. Accordingly, some observers say that the possibility of replacement cannot be ruled out.