Song Jong-wook, President of Gwangju Bank, Steps Down for Juniors
[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Song Jong-wook, president of Gwangju Bank, gave up his reappointment to open the way for his juniors.
According to Gwangju Bank on the 22nd, President Song was selected as the final candidate for the next bank president but decided to retire and expressed his resignation to the JB Financial Group board of directors on the same day.
Song, the first bank president from the bank's own ranks at Gwangju Bank, has been evaluated as having fulfilled his duties during his five-year tenure since his inauguration in September 2017, placing Gwangju Bank on a solid foundation.
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In the future, the selection of the Gwangju Bank president will be made by the CEO Candidate Recommendation Committee of JB Financial Group's subsidiary, and then finalized by the Gwangju Bank Executive Candidate Recommendation Committee.
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