Chairman Lim Jong-ryong’s 3-year term begins… Implement a management succession program
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Woori Financial Group confirms the appointment of new chairman Lim Jong-ryong as an inside director at the general meeting of shareholders and initiates a management succession program to elect a successor.
At the regular meeting of the shareholders of Woori Financial Group held on the 24th, Chairman Lim’s proposal to appoint internal directors as originally proposed was approved. All amendments to the Articles of Incorporation, including the appointment of new external directors Seongbae Ji and Sooyoung Yoon, the appointment of external directors Chanhyung Jeong, Sooyoung Yoon and Yohwan Shin, who will become members of the audit committee, and the regulation of quarterly dividends, pass them all.
Originally, unlike Jin Ok-dong, the new chairman of Shinhan Financial Group, who took office the day before, the National Pension Trustee Responsibility Committee decided to vote for the appointment of Chairman Lim, so there were many comments that he would pass without difficulty. .
As Chairman Lim began his three-year term, Woori Financial Group immediately began the process of appointing a Woori Bank president to succeed him. Earlier, when Woori Bank CEO Lee Won-deok announced his resignation before the Subsidiary CEO Candidate Recommendation Committee on the 7th, Woori Financial Group announced that it would select a successor through a management succession program after appointing Chairman Lim.
Woori Financial Group’s board of directors will hold a committee meeting on the same day to finalize the final procedures and methods for appointing the successor president.
In the list of candidates for the next president, some of the candidates who competed with Chairman Lim in the last executive candidate recommendation committee and those appointed as CEOs of related companies this year are on the rise. These include Park Hwa-jae, former CEO of Woori Financial Group, and Kim Jung-ki, former CEO of Woori Card, who were recently appointed as representatives of ONEP&S. In addition, the possibility of Chairman Lim holding the position of president at the same time is being discussed.
Invest Chosun Paid Service Posted on March 24, 2023 at 10:46
