Hana Financial Group Chairman Ham Young-ju has successfully been reappointed.
Hana Financial Group noted that during the regular shareholders' meeting held in its Myeongdong office on the morning of the 25th, it voted in favor of the proposal for Chairman Ham to serve as an inside director.
Chairman Ham, who has led Hana Financial Group since March 2022, has had his term extended until March 2028.
The Candidate Recommendation Committee emphasized the reason for selecting Ham as the next chairman, stating, "He contributed to achieving the largest management performance since the establishment of Hana Financial Group and renewed the highest stock price in history, thereby enabling the group to grow both quantitatively and qualitatively," adding, "In light of increasing uncertainties domestically and internationally and considering the potential risk factors in the financial industry, there is an urgent need for proven leadership that can lead the group stably more than ever."
Chairman Ham is evaluated as having demonstrated stable management capabilities by achieving excellent performance during his tenure.
In his first year of office, he achieved a record high profit of 3.57 trillion won, and in 2023, despite setting aside large provisions, he produced results of 3.45 trillion won. Last year, he demonstrated a net profit of 3.7388 trillion won, renewing the record for the highest performance.
Hana Financial Group has been preparing for Chairman Ham's reappointment by amending its internal governance norms to ensure that directors who exceed 70 years old during their term can fulfill their full 'three-year term.'
The existing internal norm stipulated that if a director reaches 70 years of age during their term, their final term would last until the first regular shareholders' meeting convened after that date; however, it was revised to state that if a director reaches 70 years of age during their term, their final term would last until the first regular shareholders' meeting convened after that term.
At the shareholders' meeting that day, Chairman Ham stated, "Last year, Hana Financial Group tirelessly worked to realize the essential value of finance and fulfill its social responsibilities and roles despite the difficult management environment characterized by low growth and high interest rates," and evaluated that "as a result of these efforts, the group's stock price has escaped the undervaluation phase and renewed a new peak."
He added, "This year marks a significant year as it is the 20th anniversary of the establishment of Hana Financial Group," emphasizing, "Building on the achievements of the past 20 years, we will start a new challenge to secure sustainable value creation capabilities by strengthening core competitiveness and expanding our presence in the global market to leap towards becoming a century-old company."