[Announcement] Meritz Financial Group Executes Executive Personnel Changes for Next Year... Four Vice Presidents Promoted in Fire and Securities Divisions

[Asia Economy Reporter Ji Yeon-jin] Meritz Financial Group announced executive appointments effective January 1 next year on the 17th, including the promotion of vice presidents at Meritz Fire & Marine Insurance and Meritz Securities.

The appointments were made under the core principles of Meritz Financial Group, which emphasize strict performance-based rewards, talent utilization, and the establishment of an efficient corporate culture. The promotions targeted executives who contributed to improving key management indicators for continuous and stable growth.

Amid increasing internal and external uncertainties due to the ongoing COVID-19 pandemic, Meritz Financial Group plans to proactively implement next year's business strategies and accelerate continuous growth through stable organizational management.

Below are the details of Meritz Financial Group's 2022 regular executive appointments:

◇ Vice President Promotions = ▲ Kim Jong-min ▲ Seo Soo-dong

◇ Senior Executive Vice President Promotions = ▲ Kim Jung-hyun ▲ Lee Oh-sung

◇ Executive Vice President Promotions = ▲ Kang Dong-jin ▲ Lee Bong-hoon ▲ Jang Jin-woo ▲ Hwang Doo-hee

◇ Newly Appointed Executive Vice Presidents = ▲ Kim Seung-wook, Head of Long-term Insurance & Claims Efficiency TF ▲ Shin Dong-wook, Head of Gyeongbuk GA Headquarters ▲ Lee Guk-jin, Head of Auto Claims Division ▲ Eun Sang-young, Head of Direct Business Division ▲ Yoon Il-wan, Head of Consumer Protection Team

◇ Vice President Promotions = ▲ Kim Seok-jin ▲ Hwang Tae-young

◇ Senior Executive Vice President Promotion = ▲ Park Sung-chul

◇ Executive Vice President Promotions = ▲ Ko Hyo-seok ▲ Koo Jae-beom ▲ Nam Joon

◇ Newly Appointed Executive Vice Presidents = ▲ Kim Sang-hee, Head of EPT Team ▲ Kim Min, Head of FICC Sales Team ▲ Oh Mi-young, Head of Structured Finance Team 2 ▲ Sung Ha-yoon, Head of Structured Finance Team 3 ▲ Park Il-yong, Head of Special Credit Team 1 ▲ Kim Myung-hwan, Head of Corporate Finance Team 2 ▲ Kim Dong-ryeok, Head of IB Business Team 1 ▲ Park Sang-wook, Head of Complex Finance Team 1 ▲ Ryu Jun-ho, Head of Daegu Financial Center

◇ Executive Vice President Promotion = ▲ Kim Chang-young

◇ Vice President Appointment = ▲ Bae Joon-soo, Chief Financial Officer (CFO)

◇ Senior Executive Vice President Promotion = ▲ Han Jung-won