[ad_1]
Shinhan Financial Group held the Subsidiary Management Committee (Self-Guidance) on the 17th and decided the final candidates for the CEOs of 14 subsidiaries whose terms will end this month.
Among the CEOs whose term expires this time, △ Jin Ok-dong, Chairman of Shinhan Bank (2-year term) △ Lim Young-jin, Chairman of Shinhan Card (2-year term) △ Sung Dae-gyu, Chairman of Shinhan Life Insurance (2-year term) △ Lee Chang-gu, President of Shinhan BNPP Asset Management △ Bae Asia Il-gyu 1 year) △ Byeong-hwa Choi, President of Shinhan Aitas (1-year term) △ Lee Ki- Song, President of Shinhan Credit Information (1-year term) △ Kim Hee-song, President of Shinhan Alternative Investment (1-year term) △ Nam Gung-hun, President of Shinhan REITs Management (1-year term) The 11 Directors Executives, including AI President (1-year term) and Jeju Bank President Seo Hyun-joo (1-year term), have decided to renew their appointment.
Sung Dae-gyu, CEO of Shinhan Life Insurance, will also be the first representative for Shinhan Life Insurance, which will launch on July 1 next year, and Shinhan Life, an integrated Orange Life corporation.
On the other hand, Moon-Kook Chung, president of Orange Life, Young-taek Heo, president of Shinhan Capital, and Young-pyo Kim, president of Shinhan Savings Bank, will leave their representative positions at the end of this term.
Shinhan’s Financial Self-Defense Committee said: “CEOs of major subsidiaries who have demonstrated stable leadership by strengthening the ability to execute digital transformation for the future and achieving the group’s goal of becoming a world-class Shinhan in a volatile external environment. Re-election gave me strength to stabilize the group’s management ”.
The Vigilance Committee recommended a new two-year term to Shinhan Bank Chairman Jin Ok-dong, Shinhan Card Chairman Lim Young-jin and Shinhan Life Insurance Chairman Sung Dae-gyu.
An official from Shinhan Financial said: “If the CEO’s term is typically two years for new appointments and one year for consecutive terms, there is a part that focuses on short-term performance relative to the medium-to-medium strategy. long term. In the case, the CEO will have enough time to demonstrate leadership and the responsible management centered on the CEO of the subsidiary will be strengthened ”.
Orange Life Vice President Lee Young-jong (currently Orange New Life Promotion Office) will be the temporary representative to lead Orange G-Life as replacement for Orange Life CEO Jung Moon-guk, whose term expires at the end of this year. year.
Shinhan Capital was recommended as the new CEO and President of GIB Business Group, Jeong Un-jin, who is currently in charge of the group’s IB business.
Shinhan Savings Bank is recommended as new CEO, Lee Hee-soo, the current head of Shinhan Bank’s sales group, and plans to pioneer new business areas beyond the reach of savings banks affiliated with existing finance companies .
◇ Established the group’s business management division, Young-taek Heo, Chairman of Shinhan Capital → Appointment of vice president of holdings
Along with this, Shinhan Financial Group also held the candidate for the head of the business group and the management of the holding company.
The group’s business management division was recently established and a division head was appointed at the CEO level.
In addition, the current system of vice president, vice president, assistant and executive management has been reduced to the second level of vice president-executive direction, so that the vice president level management can practice responsible management in each sector. The policy is to accelerate internal decision-making by activating horizontal communication between management and strengthen the power of executing business promotion.
The group’s business management division efficiently integrated the holding company’s business management functions, which were scattered across teams such as strategy and finance. In particular, it has established a platform to constantly share the key management issues of the group and subsidiaries with the department in charge of compliance and audit support.
As CMO, Shinhan Capital Chairman Heo Young-taek transferred to a holding company and was recently appointed Vice Chairman.
The group’s main project, ESG (environmental, social, governance) management, was also reorganized to speed up management. The Group’s Strategy and Sustainability Division (CSSO) plans to establish an ESG planning team under its subsidiary to increase focus on the group’s overall ESG strategy. Sung-Hyun Park, Managing Director, who previously held the role of CSSO, was selected as Vice President of CSSO.
Additionally, Compliance Officer Wang Ho-min and Audit Team Leader Kim Seong-ju became Vice-Presidents, respectively.
Along with this, a group big data division will be established to take over the big data business from a group perspective, such as worrying about the competitive edge of data like my data and minimizing the inefficiency caused by the promotion of the subsidiary.
Kim Hye-joo, who was recently hired by Shinhan Bank, will be appointed head of the big data division (CBO) which acts as a portfolio bank and will be in charge of establishing the group’s big data strategy and discovering joint projects. Hye-ju Kim, the first generation data scientist in Korea, is a big data expert with extensive experience in data analysis in various industries such as manufacturing and telecommunications, and is the first female executive to be elected since the establishment. of the holding company.
Furthermore, among the concurrent business group heads, it was recommended that Jang Dong-gi, leader of the GMS business group, be reappointed. Shinhan Bank Headquarters Geun-soo Jeong and Shin-Tae Kang Headquarters were also selected as GIB Business Group Heads and Global Business Group Heads, respectively.
The mandate of those recommended on this day begins on January 1, 2021. The candidates for director representative of the subsidiary designated by the Self-Defense Committee will be selected at the general meeting of shareholders and the board of directors after verification of the qualification requirements and suitability by the executive candidate recommendation committee for each subsidiary.
[ad_2]
