Hana Financial Group Chairman Kim Jeong-tae gives a greeting at the MOU signing ceremony for the future car industry and industrial digital industry-financial new deal investment cooperation held at Hyundai EV Station Gang-dong, Gangdong-gu, Seoul on the afternoon of the 4th.
The candidate for the next chairman of Hana Financial Group was outlined. As most of the influential president-elect candidates are caught up in judicial risk, there are observations that Kim Jong-tae may be reappointed temporarily.
On the 15th, the Hana Financial Group Chairman Candidate Recommendation Committee held a meeting and announced four final candidates (short list) for the chairman. Internal candidates included Hana Financial Chairman Kim Jeong-tae, vice chairman Ham Young-ju, and Park Seong-ho, vice president of Hana Bank, and external candidates included Park Jin-hoe, former Citibank President of Korea. The Hoe Chun Committee is scheduled to select one final candidate two weeks before the general shareholders’ meeting.
It is known that Hoe Chul-wi has repeatedly struggled with 14 candidates (long list) since last month. The final four candidates were selected after evaluating according to detailed evaluation criteria such as the vision of the candidates, mid- to long-term management strategy, entrepreneurship, career, and expertise.
Young-joo Ham, vice chairman of Hana Financial Group, is coming after visiting the vacant place of the late Samsung Group Chairman Lee Kun-hee, which was prepared at the funeral hall of Samsung Medical Center in Gangnam-gu, Seoul in October last year.
Until last year, the most promising president-elect candidate was Ham Young-ju, vice chairman of Hana Financial Group. Since Chairman Kim’s three consecutive terms of office, since he has expressed his intention to no longer reappointment, the weight has been put on the vice chairman Ham, the’second man’ in the landlord. However, since Vice Chairman Ham was prosecuted for hiring corruption in 2018, the first trial has been fighting for two and a half years. Is in progress. From the group’s point of view, it is imperative to bear the burden that may jeopardize the position of chairman according to the result of the trial by Vice Chairman Ham.
As an external candidate, Park Jin-hoe, former Citibank Korea president, was included in the candidate group, but it is unlikely that he will be elected as the next president. This is because Hana Financial Group has consistently elected the next chairman from the inside.
For this reason, the most probable candidate is Chairman Kim, who has been chairman of Hana Financial Group since 2012. Since the inauguration of Chairman Kim, Hana Financial has been consistently performing well. Last year, despite the bad news of Corona 19, we accepted a report card whose net profit increased by 10.3% compared to the previous year. From the end of last year, when CEO greetings in the financial sector have chosen’stable’ rather than’change’, it is also a big impact.
However, according to Hana Financial’s bylaws, executives can only stay up to the age of 70. Chairman Kim, born in February 1952 and turned 69 this year, means that he can hold the position of chairman only for one year until next March, when he turns 70. The CEO, who has been in the financial sector for four consecutive years, is the first since Chairman Ra Eung-chan of Shinhan Financial Group in 2010, so financial authorities have no choice but to notice. The Financial Supervisory Service was not pleased with Kim being nominated as the final candidate even when he served as Chairman Kim for three consecutive years.
An official from the financial sector said, “Because the situation is cluttered with Corona 19 and various judicial risks, there is a high probability of choosing stability rather than an unconventional choice.” .
Kwak Joo-hyun reporter [email protected]
News directly edited by the Hankook Ilbo can also be viewed on Naver.
