BNK Financial Group, Former Busan Bank President Bindaein Named Next CEO and Chairman Candidate

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Dooyul] BNK Financial Group held the Executive Candidate Recommendation Committee and the Board of Directors consecutively on the 19th, recommending and confirming candidate Bin Dae-in (former CEO of Busan Bank) as the next representative director and chairman candidate.

The BNK Financial Group Executive Candidate Recommendation Committee (ECC) decided to initiate the CEO succession process on November 14 last year following the mid-term resignation of former CEO Kim Ji-wan.

Since then, the ECC held five additional meetings to comprehensively verify management performance, capabilities, and qualification suitability through document screening evaluation, presentation and interview evaluation, and in-depth interviews.

Considering even the reputation inquiry results from external advisory institutions, candidate Bin Dae-in was recommended as the final candidate.

Bindaein, Candidate for Chairman of BNK Financial Group.

Candidate Bin Dae-in joined Busan Bank in 1988 and was appointed to the management team in 2013, serving as Head of Sales Headquarters, Head of Gyeongnam Regional Headquarters, Head of New Financial Business Headquarters, and Head of Future Channel Headquarters.

In April 2017, following a management vacancy at the bank, he was appointed acting CEO, and in September 2017, he was appointed CEO, serving until his term expired in March 2021.

The ECC members highly evaluated candidate Bin Dae-in’s career leading responses to paradigm shifts in the digital-centered financial industry, including the launch of the region’s first mobile bank and the establishment of an omni-channel integrating online and offline, based on his accumulated expertise in finance through diverse work experiences.

They also judged him as the right person to quickly stabilize the organization based on his high understanding of the region and organization and excellent organizational management capabilities, and to lead the group’s development along with revitalizing the regional economy during a period of expanding financial market uncertainty.

After the ECC concluded on the day, the Board of Directors also confirmed candidate Bin Dae-in as the next representative director and chairman candidate. Candidate Bin Dae-in is scheduled to be appointed as chairman of BNK Financial Group for a three-year term until the regular shareholders’ meeting in March 2026, following approval at the regular shareholders’ meeting in March.