Seven Candidates Confirmed for Next Bank Federation President...Final Candidate to Be Selected at Next Meeting (Update)
7-Person Longlist Confirmed
Kim Tae-young, Chairman of the Korea Federation of Banks, delivers a congratulatory speech at the 13th Anti-Money Laundering Day event held on the 28th at the Bankers Hall in Jung-gu, Seoul. Photo by Kim Hyun-min kimhyun81@
View original image[Asia Economy Reporters Sunmi Park and Minyoung Kim] Seven figures, including former Democratic Party lawmaker Min Byung-doo, were selected on the morning of the 17th as candidates for the next chairman of the Korea Federation of Banks (longlist).
On the 17th, Kim Tae-young, chairman of the Korea Federation of Banks, and the heads of 10 banks?Shinhan, KB Kookmin, Hana, Woori, NH Nonghyup, KDB Industrial, IBK Industrial Bank, SC First, Korea Citi, and Gyeongnam?met at a hotel in Yongsan-gu at 7 a.m. for breakfast and finalized the longlist for the next chairman of the Federation.
The longlist included former Democratic Party lawmaker Min Byung-doo, Lee Jung-hwan, president of the Korea Housing Finance Corporation, Kim Kwang-soo, chairman of NH Nonghyup Financial Group, Shin Sang-hoon, former president of Shinhan Financial Group, Lee Dae-hoon, former president of Nonghyup Bank, Min Byung-duk, former president of KB Kookmin Bank, and Kim Byung-ho, former vice chairman of Hana Financial Group.
After the meeting, Kim Tae-young, chairman of the Federation, told reporters, "In this meeting, we only announced the longlist and decided to reach a conclusion at the next meeting," adding, "Regarding the possibility of reappointment, I excluded myself from the longlist to properly conclude my term and finish on a high note."
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It is customary for the Federation chairman's final candidate to be a sole nominee. Since Chairman Kim's term ends on the 30th and time is limited, the process of selecting the final sole candidate is expected to proceed quickly after confirming the longlist on this day.
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