BNK Financial Group Chairman Kim Ji-wan to Resign 5 Months Early

BNK Financial Group CI.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Kim Ji-wan, chairman of BNK Financial Group, resigned early from his position on the 7th, about five months before the end of his term.

Chairman Kim stated, "I deeply feel moral responsibility as the group chairman regarding the recent allegations related to my family, and I have decided to resign due to recent health deterioration and to ensure the stability of the group's management and organization."

Since his inauguration as chairman of BNK Financial Group in September 2017, Chairman Kim successfully renewed his term in March 2020 and has led the group's management for about five years.

Since taking office, he achieved favorable business performance through quantitative and qualitative improvement of assets, and was evaluated as having successfully transformed the group into an investment-specialized financial group based on balanced growth between the banking and non-banking sectors.

Additionally, to secure future growth engines, BNK Venture Investment was incorporated as the group's ninth subsidiary, and the global network has been continuously expanded. Internally, efforts were made to establish sound credit business practices and prepare various talent development programs to lay the foundation for the group's long-term future.

A BNK Financial Group official said, "With the submission of the chairman's resignation today, we will promptly hold a board meeting to prevent any management vacuum in the group, and the executive nomination committee will swiftly proceed with the process to elect the next chairman."

He also emphasized, "We will focus all the group's capabilities to ensure that customers do not experience inconvenience due to internal group issues and that the group's fundamental role of revitalizing the regional economy proceeds without disruption."

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