Decision to Reopen Recruitment for Next Suhyup Bank President Candidate

[Asia Economy Reporter Buaeri] Suhyup Bank will reopen the recruitment for the next bank president candidate.

According to the financial sector on the 25th, the Suhyup Bank President Recommendation Committee decided this after conducting interviews with five bank president candidates on the same day.

The interviewees included Kim Jin-gyun, Suhyup Bank President; Kang Shin-sook, Deputy Representative in charge of Finance at Suhyup Central Association; Kwon Jae-cheol, former Senior Vice President of Suhyup Bank; Kim Cheol-hwan, former Vice President of Corporate Group at Suhyup Bank; and Choi Gi, Vice Chairman of KS Credit Information, totaling five applicants.

Initially, there were speculations inside and outside Suhyup Bank about the possibility of reopening the recruitment. It was reported that during the meeting on the 14th to decide the interview candidates, there was a suggestion to accept additional applicants because Choi, the external candidate, was the only one.

Suhyup Bank also decided to reopen recruitment in 2020. At that time, opinions were divided between government-appointed members and Suhyup Central Association members within the recommendation committee. The final candidate for Suhyup Bank president is selected with the approval of at least four out of six committee members, which is two-thirds of the total. The Suhyup Bank President Recommendation Committee consists of five members: two recommended by Suhyup Central Association and three recommended by the Ministry of Oceans and Fisheries, Ministry of Strategy and Finance, and Financial Services Commission.

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