The reappointment of Bin Dae-in, chair of BNK Financial Group, was finalized on the 26th.
BNK Financial Group said that at the regular shareholders meeting held that day at the Busan Bank headquarters, all major agenda items, including the appointment of Chair Bin as an inside director, were approved as originally proposed. With this, Bin's term is extended until Mar. 2029, establishing a second-term leadership.
Born in 1960, Bin joined Busan Bank in 1988 and served as head of human resources, head of the Northern Business Division, head of the South Gyeongsang Regional Headquarters (deputy president), head of the New Financial Business Division (deputy president), and head of the Future Channel Division before serving as president of Busan Bank from 2017 to Mar. 2021, and in Mar. 2023 took office as chair of BNK Financial Group.
During Bin's tenure as president of Busan Bank, management capability was demonstrated in digital finance and global finance by launching the first mobile-only bank (Ssum Bank) among regional banks, and after being appointed chair of BNK Financial Group, Bin was credited with laying a foundation for sustainable growth by improving asset soundness and strengthening internal controls.
With the launch of Bin's second-term leadership, efforts such as strengthening the role of regional finance to expand productive finance and foster regionally specialized industries, and maximizing shareholder value by securing future growth engines, are expected to gain further momentum. BNK Financial Group, at this shareholders meeting, carried out governance improvements by appointing four of the seven outside directors—more than half—who were recommended by shareholders.
The board of BNK Financial Group consists of the group chair as an inside director and seven outside directors, and because only outside directors form the chair candidate recommendation committee, the composition of the board is of paramount importance. BNK Financial Group explained that this expresses a determination to further enhance market trust by establishing a board structure that can reflect shareholders' voices across overall management. At the meeting that day, a cash dividend of 735 won per share (a quarterly dividend of 360 won and a settlement of account dividend of 375 won) was also approved.