[Alpha Biz=(Chicago) Reporter Kim Jisun] Shinhan Financial Group has appointed representatives of its affiliates and executives of holding companies. Representatives of nine of the 15 affiliates are expected to be reappointed. It is a reappointment of all CEOs of affiliates whose terms expire soon.

Shinhan Financial Group held a temporary board meeting with its subsidiary's CEO nomination committee on the 19th and recommended representatives from nine affiliates, including Shinhan Investment & Securities and Shinhan Capital.

Shinhan Investment & Securities President Kim Sang-tae, Shinhan Capital President Chung Woon-jin, Shinhan Asset Management President Cho Jae-min, Jeju Bank President Park Woo-hyuk, Shinhan Savings Bank President Lee Hee-soo, Shinhan DS President Cho Kyung-sun, Shinhan Fund Partners President Jung Ji-ho, Shinhan REITs Management President Kim Ji-wook and Shinhan Venture Investment President Lee Dong-hyun were recommended as candidates for re-election.

In particular, the subsidiary's CEO nomination committee gave Kim Sang-tae and Cho Jae-min two years in office, breaking the practice of granting them one year in office for a second term.

Shinhan Asset Management, which was operated as a representative system for traditional assets and alternative assets, will be converted into a single representative system for President Cho in the future.

The representative candidates recommended by the subsidiary's CEO candidate recommendation committee will be appointed at each company's general meeting of shareholders and board of directors after verifying their qualifications and suitability at the executive candidate recommendation committee of each subsidiary.

In addition, Kim Joon-hwan, head of Shinhan Bank's digital innovation division from Samsung Electronics, was newly appointed to head the digital part, which will be operated concurrently with Shinhan Bank, while Park Hyun-joo, head of the group's consumer protection division, was re-elected as head of the consumer protection part.

 

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