-
Woori Financial Group confirms the appointment of new chairman Lim Jong-ryong as an inside director at the general shareholders’ meeting and begins a management succession program to elect a successor.
At the regular shareholders’ meeting of Woori Financial Group held on the 24th, Chairman Lim’s proposal to appoint inside directors was approved as originally proposed. All amendments to the Articles of Incorporation, including the appointment of new outside directors Seongbae Ji and Sooyoung Yoon, the appointment of outside directors Chanhyung Jung, Sooyoung Yoon and Yohwan Shin, who will become members of the audit committee, and the regularization of quarterly dividends, were all passed.
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 observations that it would pass without difficulty.
As Chairman Lim began his three-year term, Woori Financial Group immediately began the process of appointing the successor Woori Bank president. Earlier, when Woori Bank CEO Lee Won-deok expressed his resignation ahead of the Subsidiary CEO Candidate Recommendation Committee on the 7th, Woori Financial Group announced that it would select a successor through a management succession program following the appointment of Chairman Lim.
The board of directors of Woori Financial Group will hold a committee meeting on the same day to finalize the 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 who were appointed as CEOs of affiliates this year are on the rise. These include Park Hwa-jae, former CEO of Woori Financial Group, and Kim Jung-ki, former president of Woori Card, who were recently appointed as ONEP&S representatives. In addition, the possibility that Chairman Lim will concurrently hold the post of president is being discussed.
Invest Chosun Paid Service Posted on March 24, 2023 at 10:46
