[줌인]There is no one like this... 'The Man of Trust' Kim Jung-tae, Hana Financial for one more year

[이데일리 장순원 기자] “With the Corona 19 incident, internal and external uncertainties have increased. We will devote ourselves to overcoming the crisis and stabilizing the organization with a heavy sense of responsibility.”

Chairman Kim Jeong-tae will lead Hana Financial Group for another year. On the 24th, the Hana Financial Chairman Candidate Recommendation Committee (recommended) recommended Chairman Kim as the sole candidate after considering four candidates including Chairman Kim. When looking at the candidates’ vision, mid- to long-term management strategy, expertise, and experience, it was judged that there was no suitable person. It must be approved by the board of directors and the general shareholders’ meeting next month, but after preliminary rapport with the shareholders, the succession of offices has been confirmed.

Jeongtae Kim, Chairman of Hana Financial Group

Performance-proven management performance… There is no such thing as that

Chairman Kim served as the head of Hana Bank in 2008 and then became the chairman of Hana Financial Group in 2012, and reappointed in 2015 and 2018. This time, he succeeded in his second term and entered his fourth term. It is the second CEO of a financial group that has succeeded in serving four consecutive terms after Ra Eung-chan, former chairman of Shinhan Financial Group.

Chairman Kim’s management ability and organizational control have been verified by performance. In 2014, Hana Bank and KEB integrated were successfully launched in 2015. Hana Financial Group’s net profit broke an all-time record every year. Even last year, when the economy was shaken by Corona, Hana Financial’s net profit recorded 2.637.2 trillion won, which is more than 10% higher than a year ago. Hana Financial’s internal and external evaluation is that it is an achievement that could not have been achieved if Chairman Kim’s organizational management and management perspective were not supported.

The given time is 1 year. Organizational stability and successor development are the homework.

It is said that until last year, Chairman Kim was planning to drop the chairmanship after his third term. He thought it would be best to naturally hand over the chairmanship to Vice Chairman Ham, who was playing the second-person role of the group, and fall back. However, Vice Chairman Ham Young-joo and Vice Chairman Lee Jin-guk, who were mentioned as candidates for the chairmanship, were caught up in the’legal risk’ and the plan was twisted. Legal uncertainty over the succession structure has increased. Inside and outside Hana Financial, there has been a growing sense of crisis that Hana Financial Group may be shaken from its roots after being struck by a draft over the succession structure in a situation where management uncertainty has increased due to corona. President Kim’s salvation field emerged as an alternative as the candidates for the main president were stricken. In order to promote organizational stability in response to the Corona 19 emergency, it may be inevitable for Chairman Kim to reappoint. Chairman Kim also knows well that the challenge for a new term can be seen as a desire for a position. After being nominated for president, he met with a reporter and said, “It’s a person to retire, but the burden is great.” Nevertheless, he decided to serve as president once more for the organization in crisis. The financial authorities, which were expected to be the biggest obstacle, were also quiet this time.

CEOs of major subsidiaries, change of water ‥Establishment of new business

Although Chairman Kim succeeded in reappointing, the term of office is only one year until next year’s general shareholders’ meeting. The Hana Financial Governance Internal Code does not allow the chairman to exceed the age of 70, as Chairman Kim is 69 this year. Chairman Kim came up with his homework of stabilizing the organization for a year and producing results while raising the next CEO candidate. Vice-Chairman Ham is still the strongest number 2, but he was implicated in hiring corruption and was unable to resolve legal risks.

On this day, Hana Financial Group held the Group Executive Candidate Recommendation Committee (Chuwi Lim) to discuss the candidates for the CEO of five affiliates, including the head of Hana Bank, whose term ends next month. Chairman Kim is the first step after his reappointment to lead Lim Chul-wi and create a new CEO of an affiliated company that will match himself with him.

First of all, Hana Bank Vice President Park Seong-ho is influential as the head of Hana Bank, a major affiliate. Vice Chairman Park is from Korea Investment Finance, the predecessor of Hana Bank. have. It is evaluated that he knows the organization well because he is a’Hana Financial Man’, and it is easy to match hands and feet with Chairman Kim by serving as the head of the management support department, the chief of the secretary’s office. As Vice-Chairman Park was selected as the head of Hana Bank, a major affiliate after the presidential candidate, it is expected to emerge as one of the candidates for’Post Kim Jong-tae’.

Vice Chairman Lee Eun-hyung, who oversaw the global business, will be entrusted with the role of Hana Financial Investment. Vice Chairman Lee is a global expert from China’s largest private investment group, vice chairman of China’s private investment group. This means that he will replace vice-chairman Lee Jin-guk, who was a promising candidate for the president, but was the subject of prosecution’s investigation on suspicion of selling in advance.