Current Chairman Ham Young-joo Selected as Final Candidate for Next Hana Financial Group Chairman (Update)

Ham Youngjoo Recommended as Final Candidate for Chairman
To Be Officially Appointed After March Shareholders' Meeting and Board of Directors Meeting

▲Ham Young-joo, Chairman of Hana Financial Group

On the 27th, Hana Financial Group held a Chairman Candidate Recommendation Committee (Chairman Committee) meeting and announced that it had recommended the current CEO and Chairman, Ham Young-joo, as the final candidate for the next chairman of Hana Financial Group.

During the candidate selection process last month, the Chairman Committee diversified the evaluation entities and methods by conducting multi-faceted evaluations, candidate recommendations through external advisory institutions, and in-depth reputation checks. They selected a final candidate pool (shortlist) of five candidates, including three internal and two external candidates, and held a separate meeting exclusively for external candidates to ensure that the evaluation methods and timing were not disadvantageous to them.

On the 27th, the Chairman Committee conducted in-depth interviews with the final candidates and confirmed Ham Young-joo, the current CEO and Chairman, as the final candidate for the next chairman of Hana Financial Group.

The Chairman Committee stated that they conducted in-depth interviews based on presentations (PT) by each candidate according to 14 detailed evaluation criteria across four areas: 'entrepreneurship,' 'vision and mid-to-long-term management strategy,' 'expertise, experience, and global mindset,' and 'network and other capabilities' to recommend the final candidate.

The Chairman Committee said, "At a time when internal and external uncertainties are increasing and considering the latent risk factors across the financial industry, it is more crucial than ever to have a proven leader with abundant experience and management know-how to lead the group stably." They agreed that Ham Young-joo, who has served as the integrated bank president, vice chairman of Hana Financial Group, and has performed the duties of group chairman for the past three years, leading the group's growth based on risk management and ESG management, is the best candidate.

The Chairman Committee evaluated, "Candidate Ham Young-joo, as the group CEO, internalized internal control and risk management while improving operational efficiency throughout the organization through effective management. He contributed to achieving the group's best-ever management performance and record-high stock prices since its founding, growing the group both quantitatively and qualitatively."

They added, "Even during economically difficult times, he demonstrated excellent management capabilities by fulfilling social responsibilities such as practicing win-win management and completing the establishment of the 100th daycare center, thereby creating sustainable corporate value. We judged that he is the right person to lead the group's future by overcoming uncertainties and strengthening competitiveness in the rapidly changing financial environment."

The term of office for Ham Young-joo, who was recommended as the final candidate on this day, was decided to be three years through a fair and objective anonymous vote after collecting opinions from each committee member. He is expected to be officially appointed as the next CEO and chairman of Hana Financial Group for a three-year term after the regular shareholders' meeting and board of directors meeting scheduled for March.

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