Sanghyuk Jeong, Shinhan Bank President, Approximately 1 Billion KRW
Jin Ok-dong, Chairman of Shinhan Financial Group, was revealed to have received nearly 700 million won in compensation last year.
According to the '2023 Business Report' announced on the 18th by Shinhan Financial Group and Shinhan Bank, Chairman Jin, who took office last March, received a total of 659 million won, including a salary of 658 million won and other labor income (such as holiday bonuses) of 1 million won over approximately nine months. In addition, he was granted 20,982 shares as long-term performance-linked stock compensation (PS). Among other executives of Shinhan Financial Group, Lee Geon-hyeok, Director of the Future Strategy Research Institute, received 937 million won, and Lee In-gyun, Vice President, received 686 million won, both exceeding Chairman Jin's compensation.
Jin Ok-dong, Chairman of Shinhan Financial Group Photo by Yonhap News
Shin Sang-hyuk, President of Shinhan Bank, earned a total of 1.033 billion won, including a salary of 750 million won and bonuses of 226 million won. President Shin also received 21,574 shares as long-term performance-linked stock compensation.
Among last year's retirees from Shinhan Bank, two individuals (community manager and branch manager) received annual compensation in the 900 million won range, including retirement pay in the 800 million won range.
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