BNK Financial Group Replaces Affiliate Bank Presidents... Byeon Dae-in and Hwang Yoon-chul Step Down

Busan Bank President Candidates An Gam-chan and Myung Hyung-guk, Gyeongnam Bank President Candidates Choi Hong-young and Kim Young-moon

[Asia Economy Reporter Kim Hyo-jin] BNK Financial Group is replacing the presidents of both Busan Bank and Gyeongnam Bank. On the 9th, the executive candidate recommendation committees of Busan Bank and Gyeongnam Bank conducted presentations with the presidential candidates and narrowed down the candidates.

Initially, the candidates for Busan Bank president included President Bin Dae-in, Vice President An Gam-chan, BNK Financial Group Vice President Myung Hyeong-guk, and Vice President Kim Young-moon. After the meeting on this day, the candidates for Busan Bank president were narrowed down to Vice President An and Vice President Myung. It is known that President Bin voluntarily retired.

The candidates for Gyeongnam Bank president were also narrowed down to Vice President Choi Hong-young and Vice President Kim Young-moon. The recommendation committee will conduct the final interview with the presidential candidates on the 16th of this month. Afterwards, the final candidate will be recommended to the board of directors.

The Busan Bank recommendation committee stated, "We primarily considered the need to actively respond to the changing management environment and to vigorously drive organizational change and innovation."