Jeonbuk Bank announced on the 17th that it has decided to renew the term of Baek Jong-il (62), whose term expires at the end of this month.
The Chief Executive Officer (CEO) candidate recommendation committee of JB Financial Group recently nominated Baek Hyun as the sole candidate for the next president of Jeonbuk Bank. President Baek was officially appointed at an extraordinary general meeting held today after the review by the Jeonbuk Bank executive candidate recommendation committee. President Baek's next term is one year.
President Baek is evaluated to have driven good performance through revenue-centered management since taking office in January 2023. As of the third quarter this year, the net profit stands at 173.2 billion won, an increase of 8.5% compared to the same period last year. The arrears ratio has also decreased to 0.78%.
President Baek said, "I will strive to create a stronger bank through change and innovation," and noted, "I will continue to practice coexistence management that can grow together with the community."
☞ President Baek Jong-il is
▲Korea University Business Administration ▲Vice President of Jeonbuk Bank ▲CEO of JB Asset Management ▲President of Cambodia Phnom Penh Commercial Bank