First Half Financial Holding Companies and Banks Compensation Disclosure... Citibank's Yum Yoosoon Earns Around 1.8 Billion KRW
Hahm Young-joo, Chairman of Hana Financial Group, 1.802 Billion Won
In the first half of this year, some CEOs of major financial holding companies and banks received compensation of up to 1.8 billion KRW.
According to the semi-annual reports disclosed on the 14th by major financial holding companies and banks, Yoo Myung-soon, CEO of Korea Citibank, received a total compensation of 1.86 billion KRW in the first half, including a salary of 280 million KRW and a bonus of 1.577 billion KRW. Ham Young-joo, Chairman of Hana Financial Group, also received 1.802 billion KRW.
Park Jong-bok, CEO of SC First Bank, received a total of 1.193 billion KRW, including a salary of 32 million KRW and a bonus of 873 million KRW. Yoon Ho-young, CEO of Kakao Bank, received 747 million KRW, and Yoon Jong-kyu, Chairman of KB Financial Group, received 645 million KRW. Lee Jae-geun, CEO of KB Kookmin Bank, received 587 million KRW, and Jung Sang-hyuk, CEO of Shinhan Bank, received 534 million KRW, both recording compensation in the 500 million KRW range.
Son Tae-seung, former Chairman of Woori Financial Group, who stepped down in March after about three months of work, received a total of 1.3 billion KRW, including a salary of 212 million KRW, a bonus of 742 million KRW, and retirement income of 346 million KRW. The compensation of Lee Won-duk, former CEO of Woori Bank who retired last month, was 682 million KRW.
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In the case of Cho Yong-byeong, former Chairman of Shinhan Financial Group who stepped down on March 23, the amount received in the first half did not exceed 500 million KRW, so it was not subject to disclosure. On the same day, Jin Ok-dong, who took office as Chairman of Shinhan Financial Group, was also exempt from disclosure because his compensation was less than 500 million KRW.
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