DGB Financial Group Recommends Hwang Byung-woo, Daegu Bank President, as Next Chairman Candidate

Hoechuwi says about Hwang Haengjang, "High Understanding of the Group"

DGB Financial Group held a Chairman Candidate Recommendation Committee meeting and announced on the 26th that it has recommended Hwang Byeong-woo, President of DGB Daegu Bank, as the next chairman candidate.

The committee stated about candidate Hwang Byeong-woo, "He has a deep understanding of the group, presented a feasible vision and strategy based on outstanding insight, possesses excellent management capabilities, and successfully completed the transition to a commercial holding company, making him a capable and suitable candidate to lead DGB Financial Group's new future and sustainable growth."

The committee, which began the management succession process last September, finalized the 'Group CEO Succession Program' at a global standard level. To ensure a fair and transparent succession process, the committee conducted direct evaluations by committee members and external experts across various areas including the candidate's work competency, management philosophy, leadership, and personality traits.

The committee diversified the evaluators and evaluation methods, involving 14 external experts to provide objective information to the committee members and to conduct multi-faceted evaluations through verification of expertise in each field. A comprehensive judgment was made based on the four major appointment principles established after the succession process began.

Candidate Hwang is expected to be appointed as CEO and Chairman at the shareholders' meeting scheduled for next month.

Hwang Byung-woo, President of DGB Daegu Bank
[Photo by DGB Financial Group]

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