Yoon Byung-woon, Executive Vice President, Named Next CEO Candidate of NH Investment & Securities
Yoon Byung-woon, Head of NH Investment & Securities IB1 Division (Vice President), has been selected as the final candidate for the next president of NH Investment & Securities.
On the 11th, NH Investment & Securities held a Nomination Committee meeting and selected Vice President Yoon as the final candidate for the next president. Earlier, on the 5th, the Nomination Committee finalized three candidates for the president shortlist: Vice President Yoon, Yoo Chan-hyung, former Vice Chairman of NongHyup Central Association, and Sa Jae-hoon, former Vice President of Samsung Securities. On this day, the committee chose Vice President Yoon as the final candidate among the three.
Accordingly, the final candidate will be confirmed at the regular board meeting held immediately after the Nomination Committee, and the next president will be officially appointed at the shareholders' meeting scheduled for the 27th.
There had been intense interest in the appointment results as conflicts arose between NongHyup Central Association and NH NongHyup Financial Group regarding the NH Investment & Securities president appointment, and the Financial Supervisory Service began inspections of NH NongHyup Financial Group and its affiliates, creating variables that could affect the appointment. Ultimately, the Nomination Committee chose an internal candidate with expertise in the financial investment industry as the next representative.
Vice President Yoon was born in 1967, graduated from Hankuk University of Foreign Studies, and joined LG Investment & Securities in 1993, maintaining his position ever since. He is recognized for working closely with CEO Jung Young-chae for nearly 20 years and contributing to establishing NH Investment & Securities as a strong player in IB.
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Previously, CEO Jung was included in the long list but decided not to seek reappointment and voluntarily stepped down. Ahead of the shortlist selection on the 4th, he posted on Facebook, "I will fulfill my role until this shareholders' meeting and then leave the company," adding, "There have been many discussions for a while, but I have judged that now is the right time to organize myself," expressing his intention to retire.
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