KakaoBank announced on the 26th that it held its 9th regular shareholders' meeting and approved the appointment of the representative director and the settlement of accounts as planned.
On this day, KakaoBank reappointed Yoon Ho-young as the current representative director for a two-year term. Yoon's term will last until March 2027.
Yoon has been leading KakaoBank since its establishment, participating as a one-man task force (TF) since 2016. Through this reappointment, he plans to spearhead the leap towards a "comprehensive financial platform" and the expansion of innovation in the future.
Yoon noted, "We will continue to grow into a bank that contributes to the financial industry's and economic development by providing convenient financial living services and benefits to customers based on technological innovation, while actively practicing inclusive finance for the financially vulnerable."
The financial statements for 2024, including cash dividends, were also approved. The settlement of account dividends increased to 360 won per share, totaling 171.5 billion won, more than double compared to the previous year (71.5 billion won). KakaoBank plans to continue efforts to expand shareholder returns and enhance shareholder value based on sustainable growth.
KakaoBank appointed three new outside directors through a resolution at the shareholders meeting: ▲ Yoo Ho-seok, former Vice President of Samsung Life Insurance (CFO, Chief Financial Officer), ▲ Kim Jung-ki, former Deputy Governor of Hana Bank (Marketing Group Representative), and ▲ Um Sang-seop, partner at Law Firm Jipyeong, among other experts in finance, accounting, and law. This increased the number of outside directors from five to six.
Yoo Ho-seok has served in the financial and asset management field, having begun at Samsung C&T and then holding an executive position in the asset management division of Samsung Life Insurance, where he served as CFO and headed the inaugural "Financial Competitiveness Enhancement TF," which oversees Samsung Group's financial sector. He is expected to provide substantial advice from an integrated perspective as KakaoBank builds a cooperative ecosystem in various fields and advances towards becoming a comprehensive financial platform.
Kim Jung-ki, who has served as a deputy governor for about 25 years at Hana Bank, will also join the board. He has been recognized for having a high understanding of major decision-making and internal controls at financial companies, having served as an outside director at financial holding companies and other institutions for many years.
Um Sang-seop is a certified public accountant who started working at an accounting firm and, after passing the bar exam, served as a chief judge at the Suwon District Court. He is currently practicing as a lawyer at Law Firm Jipyeong. With his fused work experience as a legal professional and accountant, he is expected to play a role in protecting the rights of KakaoBank's shareholders and financial consumers, effective risk management, and strengthening internal controls.
Meanwhile, on this day, KakaoBank established an internal control committee within the board to reflect the amended provisions of the "Financial Company Governance Act."