The successor to Hong Min-taek, CEO of Toss Bank who announced his intention to resign next month, has been decided. The chosen candidate is Lee Eun-mi, former Chief Financial Officer (CFO) of Daegu Bank. She is scheduled to assume the CEO position following approval at the regular shareholders' meeting and board of directors on the 28th of next month.


According to Toss Bank on the 21st, the Toss Bank Executive Candidate Recommendation Committee (ECC) unanimously recommended Lee Eun-mi as the next CEO candidate on the 19th. Toss Bank explained that through multiple meetings, they have identified and verified candidates capable of fostering Toss Bank’s growth, innovation, and stability.


In the final meeting, the committee comprehensively evaluated Lee’s management performance, capabilities, and qualifications, selecting her as the sole candidate for the two-year CEO term. The ECC stated, “Lee Eun-mi’s broad expertise and experience both domestically and internationally, along with her achievements, organizational management skills, and insight, represent the optimal leadership to guide Toss Bank.”


The ECC assessed that Lee’s over ten years of experience as a bank CFO translated into soundness and risk management capabilities. They analyzed that this also contributed strategically to growth.

Lee Eun-mi, Candidate for CEO of Toss Bank <span>[Photo by Toss Bank]</span>

Lee Eun-mi, Candidate for CEO of Toss Bank [Photo by Toss Bank]

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Lee served as CFO and head of the management planning group at DGB Daegu Bank, demonstrating decision-making skills based on risk management. Last year, she successfully co-chaired the task force team (TFT) leading the transition of DGB Financial Group and Daegu Bank into a commercial bank.


Her overseas banking experience also earned high praise for her global perspective. She held positions such as CFO of HSBC Hong Kong Commercial Bank (overseeing 16 countries in the Asia-Pacific region), Deputy Head of HSBC Seoul Branch, and CFO of Deutsche Bank Seoul Branch. Leading diverse teams from over 20 nationalities, she developed extensive experience and insight into domestic and international financial industries.



Lee graduated from Sogang University with a degree in Computer Engineering and earned MBA degrees from Columbia Business School, London Business School, and the University of Hong Kong. She completed a data analytics course at the London School of Economics (LSE) and holds certifications including the American Institute of Certified Public Accountants (AICPA), Chartered Financial Analyst (CFA), and Financial Risk Manager (FRM). The ECC judged that based on her science and engineering background, she possesses deep understanding of data analysis and IT, while her degrees and certifications in business administration, accounting, financial analysis, and risk management provide her with specialized expertise in finance.


This content was produced with the assistance of AI translation services.

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