BNK Subsidiary CEO First Candidate Group Confirmed... An Gam-chan Steps Down

Bank President An Gam-chan and CEO Lee Du-ho Step Down

[Asia Economy Reporter Yoo Je-hoon] BNK Financial Group selected the first round of CEO candidates (longlist) for its major subsidiaries on the 13th. Among them, Busan Bank President An Gam-chan stepped down to facilitate generational change.

On the same day, BNK Financial held an executive candidate recommendation committee meeting at its major subsidiaries?Busan Bank, Gyeongnam Bank, and BNK Capital?and finalized the first round of CEO candidates. The committee conducted a document screening evaluation for the applicants and selected three candidates per company for the first round.

Previously, President An, who was on the candidate list for the holding company chairman, and Lee Du-ho, CEO of BNK Capital, expressed their intention to step down before the committee meeting. A BNK Financial official stated, "President An and CEO Lee conveyed their intention to step down ahead of the committee meeting to open the way for capable juniors to grow for the company’s change and future," adding, "Therefore, they were not included in the first round of candidates."

With the first round of candidates finalized, the three subsidiaries plan to conduct presentation (PT) evaluations for these candidates. Additionally, external reputation checks will be reflected to narrow down the list to the second round of candidates.

BNK Financial stated, "The candidate selection by each company’s recommendation committee focused on choosing the right person who can strengthen the company’s internal and external competitiveness and lead regional finance," and added, "We will support the process to proceed as fairly as possible according to the CEO succession plan."

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