[Korea sinyuncheol financial newspaper reporter] handongwoo the Shinhan Financial Group Chairman concludes the banker history 47 years. The last president who took office in March 2011 is due to withdraw themselves from the president 23 days to the end of the term of office of six years after the shareholders' meeting coming Shinhan group.
According to the chairman role Shinhan internal regulations can be carried out up to 10 070 years. President of the Group rose to head with 'Shinhan crisis' was identified to be due to a possible re-elected an unlimited number of causes of fragmentation system. Create a '70 years rule 'to resolve it by applying it from you. As a result, the president inherited the country's largest banking group Shinhan Financial Group has total assets of 489 trillion won flowing.We're than ever took place naturally. His will is through seungbusu.
Handongwoo President of the banker and walk threw a life like this hump every seungbusu. And this made him chairman of Shinhan Financial Group. In '47 he organized the decisive moment four banks (史) of the president.
◇ 1977 years of warm Financial seeds
1977 is a major turnoff in handongwoo President of the banker life. The president began the first step to a banker in Seoul Trust Bank. After years iphaeng 1971 he worked for seven years. But in '77, he quit abruptly Seoul Trust Bank. I saw the president of a family lawsuit thrown out into the cold winter streets brightness results for the reasons stated he who was called because the heart is sick. If the brightness lawsuit is lost, even though it does not leave the right to the tenant, such as real estate auction means a lawsuit filed by the owner.
This time, the President made the experience of the 'warm finance' is considered. Finance is also the president of a people who believed that facing my struggled ridorok roots 'warm finance' is the identity Shinhan Financial Group. By providing a differentiated value through the core business of banking since the president took office as president of the group targets set by the 'warm finance together for the future' that grows with customers and society.
"Warm financial 'top priority is the President of the plug in. The Chairman thought that a lack of warm part of "a senior employee geotinde that I am the president of the initial value of Shinhan 'newly-alchage, warm," warm finance than not a charity through their core business of banking thought it worth giving returns higher returns to our customers, "he said" initially was getting get understanding of the forces employees natatjiman naohmyeonseo flow, such as after modifying my thing this capitalist values, "he said.
The President considered it important enough to have an urge to last 14 days Shinhan Financial Group employees "do not forget the attitude that, while always seeking to provide a new" financial hot. ' "There are two.
◇ 2011 years, starting with the firefighters inaugurate a heyday
Handongwoo President inaugurated the first president of Shinhan Financial Group in 2011. The situation was difficult to start the new term president. Shinhan Financial was experiencing at the time the midst raeungchan former president and Shin, Sang - Hoon 'Shinhan crisis' to bring up the situation of colostrum by the bank holding the president accused the former head of the internal fighting. The president was committed to solve them firefighters. Starting in 1982, Shinhan Bank was a founding member formidable head start on olratji million in 30 years. But a moment later returned with Shinhan Financial Group and President of both the best results.
The difficult situation in the group ventured to the front broke through on the basis of their beliefs. One said: "Too bad that you understand how to say it in an interview last eopnyago worked for 30 years at Shinhan group 2-3 years why I say vision in front of Shinhan outside directors," the president said at the time of the interview. At the time the analysis that there is a problem with the system, elected president after he took office made a "Governance and Nominating Committee Chairman 'regulations. It was the end of 2014 the Financial Services Commission is also a major reference at the time of a new financial governance best practices of domestic financial institutions.
Group earnings stabilize the upper and went on maintenance. During the term of the president it was to refine the internal financial structure at the same time as full-fledged global expansion. 3 trillion 100 billion won debt repayment during the term of office, six years built an eight trillion won, including internal reserves of 11.1 trillion won fund. It is left to President-elect Joe mercenaries as a strong asset.
The Chairman noted that the overseas markets in the future food was presented the inaugural seconds, Asia-based building success "to long-term strategic goals. The most visible results appeared in Vietnam. Shinhan Vietnam is regarded as a successful example of domestic financial institutions abroad. Of the Group's global network has grown significantly, including increased 69% compared to 2010 in the global asset network in 14 countries increased from 66 165 pieces in 2011 to 2016 in 20 countries. Profit share of global division of Shinhan Bank has more than doubled yieoteuna increased to 5% 12% 2016 2011. Increase global income ratio to 20% by 2020 plans
In the domestic market was a leading figure. Affiliates Models of collaboration between Shinhan Financial Group and other competitors see. The first year of taking office in 2011 ordered the store complex models of banks and securities. Shinhan Financial Group Issues 2012 financial first corporate finance and CIB (Corporate Investment Banking) division WM (Wealth Management) divisions, and to provide customers with products of banks and financial investments at the same time, to provide you with the IB business' and it launched.
Shinhan Financial Group is the third consecutive year topped two trillion won net profit under the efforts of the Chairman and scored the maximum performance last year, only six years. Meanwhile, many banks are naturally handed over the chairman position to Joe mercenaries nominees on the basis of performance evaluation as opposed to the one that had the noise CEO replacement. Perform internal maintenance and successfully ran for president of the financial holding groups throughout the 1st term is subject to the flat opened the SFG peak.
◇ 2017 years, the 'accompanying Management' Shaping the Future
Since Shinhan Financial Group Chairman handongwoo retirement is for the new environment. A lame-duck president looked strong enough leadership does not exist. And he brought the ball consistently better training candidates through internal competition on the basis of succession programs they create. The result is - the 'Joe wiseongho mercenaries' accompanying system.
The President boundary friction to fight extreme groups went through the 'Shinhan crisis "was an internal power struggle. As a result, the president did not put my competitors SFG myeongsilgonghi one factor. Also after the management succession process so that the noise from the journal was composed of people from a thorough self Council configurations. Back in March last year and appointed a controversial shareholder meeting namgunghun Chairman and members of other emergency non-director's yiheun, Jung - Il Lee was appointed a director. And this time, consisting of directors elected Chairman Joe haengjang mercenaries to reflect the intention of the President through the party inspector.
In addition, another party inspector who was haengjang term is usually three years to reduce the time to two years. When holding the inaugural president nominee Joe mercenaries term may be extended for up to three years and nine years in accordance with internal regulations. Wiseongho of the nominees will take on the term of office ends haengjang the party nominee Joe Inspector chairman that could have an impact on the 2019 haengjang terms. Do you know to prevent the safety device was a power struggle in advance. It provided the means to dare to checks while reducing the term because this Article is between mercenaries and haengjang wiseongho President subtle enough to have formed a rival composition whenever promotion. Even room for different conflict management tendencies exist. Article haengjang above and president candidate race was followed in 2015, Shinhan Bank Shinhan until recently the president-elect. If one narrows the stomach, president of three candidates to be at this time to climb CEO Joe pushed him haengjang every time. Up late president also buy just one years younger than Joe iphaeng year haengjang born in 1958.
Unlike the concerns of the tip handongwoo said: "There's Shinhan system and holding (for haengjang) insagwon two (two people) can not is not good between," said he, "the two men came at 30 years-class members of the Shinhan" said. He added that with regard to wiseongho candidate affairs "comments made reference to Article haengjang mercenaries". The personnel seureowotda in many ways compared to the fuss showed no invasive personnel whilst the noise of the president. It is supervised by the President because it so difficult to see the future management environment.
Whilst SFG is focused on the chopping saw substantial jyeotdaneun was pointed out to the conservative stronger focus on risk management. In order to overcome this situation is the need of the breakout wiseongho president for the growth of the bank accounts for a large proportion of holding money. Here's a crude mercenary nakjeom haengjang resembling a successor to President my chairman would you want me to devise uniform growth of the bank's subsidiaries rather than solo. When leaving baksuchil that are ready to be successful for the next 10 years handongwoo president now it depends on the solidarity of their successors.
◇ forward, after examination president gomunjik
Handongwoo chairman is appointed adviser after retirement. It spans the overall management inde advisory role that the Shinhan Financial Group made gomunjik This is the first time. For the president of the movement wants to leave the presidency more in some "how to help Shinhan is sufficient also as a consultant," he told the position that "torture may create a model of clean and withdraw my advice to junior obligations."
47 years of finance and the right to life of the president Red handongwoo president is to be a model in several cases. Past due financial group presidents and prominent in the case that there is almost an honorable resignation ohreumyeo on several guseolsu, been made by the groups themselves have created this exit rules. Moreover packed next to Hangwon former head of the viscosity is accepted as a positive element to the inner member.
Next executive Joe mercenaries holding the president and wiseongho the President named the Bank as "the strongest duo 'were flat as" Joe mercenaries President-designate is a man of leadership and tolerance, wiseongho haengjang are people much strategic approach than others. " . Do you know he even anxiety factor "while Koreans torture in the future I will advise shareholders worried about the successor to the hasineunji some point," he said.
The Supreme Court is just about the most rain with Shinhan crisis muhyeomui sentenced to former president Shin, Sang - Hoon finish the last remaining burden to the president. The president of a division rather than for Shinhan crisis "after Shinhan crisis inaugural year, Shinhan had combined with internal organizational legal to also finish dwaetjiman still remains on the emotional side," he said "The new management In terms of mistakes in the yard inaugurated unity If you love the seniors go Shinhan nwaya because each one down and built it within the genuinely wonchikron way to win, "he said.
Took advantage of a Shinhan's top executives between the reigns conflict "Shinhan crisis' has cometh to the Supreme Court sisibibi obscured appearance, but Shinhan Council god former president now holds, the stock options (stock options) amounting to the current value of 2.1 billion won hidden a primer. This is also the president of "the need to discuss whether paid by the Council to discuss when the new configuration includes a new board member three people" has issued a comment.
The president "has a question, could but economy more than 70 years is to follow the expected flow of a rapidly changing era, the idea of customers," only 70 years of age up to one year eight months namatji only for the reason that Red said to "change counsel and follow it explained that other issues. "
The President about the plans after retirement, "I think the fatigue accumulated over the past six years as a full family trip and reading," said said, "plans to explore a great resort with five restaurants based in Japan often going out slowly with my family."
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