The candidate recommendation committee of the Korea Savings Bank Association on the 24th stated that it will solely recommend Oh Hwa-kyung, the current president of the association, as the candidate for the 20th president.
The recommendation committee conducted document screening and interviews on the 21st, and noted that Jeong Jin-soo expressed his intention to voluntarily resign.
The president will be elected through a vote by representatives of member companies at the regular general meeting on the 31st.