CEO Changes in Non-Life Insurance and Asset Management... Hana Financial Group Affiliates Complete Appointments

Bae Seong-wan, Former Samsung Fire & Marine Insurance Vice President, Appointed as CEO of Sonbo
Jung Hae-sung, Current Vice President, Named CEO of Alternative Investment Asset Management

Hana Financial Group has decided to replace the CEOs of Hana Insurance and Hana Alternative Investment Asset Management. With this, the appointment of CEOs for Hana Financial Group's affiliates has been completed.

On the 19th, Hana Financial Group announced that the Affiliate Company Management Committee, held the previous day, recommended new CEO candidates for Hana Alternative Investment Asset Management and Hana Insurance.

The new CEO candidate for Hana Alternative Investment Asset Management is Jung Haesung, the current Head of Development Investment Division (Vice President) at Hana Alternative Investment Asset Management, and the new CEO candidate for Hana Insurance is Bae Seongwan, former Vice President of Samsung Fire & Marine Insurance.

Born in 1967, Vice President Jung graduated from Hanyang University with a degree in Business Administration and joined Hana Alternative Investment Asset Management in 2012 after working at Jones Lang LaSalle (JLL), Shinyoung Asset, and H&S RE Asset Management. Former Vice President Bae, born in 1968, graduated from Yeungnam University with a degree in Economics and joined Samsung Fire & Marine Insurance. He served as Head of the GA Business Division and Head of the Long-term Insurance Division.

The CEO candidates for each affiliate of Hana Financial Group will be finally appointed after going through the respective company board meetings and shareholders' meetings to be held later.

Bae Seong-wan, the new CEO candidate of Hana Insurance (left), and Jeong Hae-seong, the new CEO candidate of Hana Alternative Asset Investment Management (Photo by Hana Financial Group)

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