Finance · Under review · 2 sources combined
Suhyup Bank president selection fails
Third nomination committee inconclusive
D-10 Deadline November 17 · Current President Shin Hak-gi's term expiration date
In short
The vote to select the next president of Suhyup Bank failed for the third time on the 26th.
Current president Shin Hak-gi and Financial Intelligence Unit Director Lee Hyung-joo competed but reached no conclusion.
With President Shin's term ending on the 17th of next month, concerns over a vacant president position are rising.
Key facts
| When | The third Bank President Recommendation Committee convened on the 26th but failed to determine a final candidate. |
|---|---|
| Who | Six candidates including current president Shin Hak-gi and FIU Director Lee Hyung-joo competed. |
| What | A two-way race between internal and external candidates continued over Suhyup Bank's next presidency. |
| How | Four or more votes from five committee members were required, but Shin received 3 votes and Lee received 2 votes. |
What it means for me
Customers transacting with Suhyup Bank must monitor whether operational gaps continue in the coming period.
