Focus on Sustainable Growth and Future Change
Four Subsidiary CEOs Retained
The CEO Candidate Recommendation Committee of BNK Financial Group Holdings finalized the chief executive officers for six subsidiaries, including BNK Busan Bank and BNK Capital, on December 31.
This round of CEO appointments was conducted based on BNK Financial Group's management direction of "pursuing sustainable growth and future change." The process took into comprehensive consideration the characteristics and management conditions of each subsidiary and was carried out through a fair and objective procedure.
The committee selected candidates by comprehensively reviewing key business performance, management strategies, future vision, career history, and reputation checks. The evaluation focused on: the core competencies required by the group and its subsidiaries; leadership and vision-setting abilities; expertise and experience in the overall financial industry; and integrity and ethical awareness.
Kim Sungju, who was appointed as the next president and CEO of Busan Bank, was recognized for his stable management capabilities, backed by extensive experience across banking, holding company, and non-banking sectors. He was highly rated for strengthening region-based business competitiveness and establishing a stable profit structure, as well as for excellence in soundness management, internal control system enhancement, adaptation to changes in the digital financial environment, and reinforcement of financial consumer protection.
Son Daejin, appointed as the new CEO of BNK Capital, is a former deputy president who led the business division at Busan Bank. He was noted for his deep understanding and execution capabilities across the entire loan business. He was deemed the right person to lead balanced growth through expanding sales reflecting the characteristics of the capital business sector and management focused on risk control.
In addition, Shin Myungho, CEO of BNK Investment & Securities; Kim Youngmun, CEO of BNK Savings Bank; Jung Sungjae, CEO of BNK Venture Investment; and Park Ilyong, CEO of BNK System, were retained to ensure management continuity and stable growth.
The committee stated, "In accordance with the group succession plan that reflects the Financial Supervisory Service's best practices for governance, we widely considered both internally nurtured talent and external experts, and appointed CEOs through a multi-faceted verification process including document screening, interview evaluations, and reputation checks."
During the selection process for the CEO of Busan Bank, the chairman of the Busan Bank Executive Candidate Recommendation Committee personally attended the final interview to provide input, further strengthening the fairness and objectivity of the procedure.
The terms of office for Kim Sungju, the next president of Busan Bank, and Son Daejin, the next CEO of BNK Capital, will be two years starting January 1 of next year, while the terms for the four retained CEOs of subsidiaries such as BNK Investment & Securities will run from January 1 to the end of the year.
BNK Financial Group.
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