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Hana Financial CEO set for reappointment with foreign investor backing

Korea Economic Daily LogoKorea Economic Daily14h ago

Hana Financial CEO set for reappointment with foreign investor backing - Korea Economic Daily

Quick Summary:

According to financial industry sources on Thursday, pre-vote tallies from the Korea Securities Depository indicate that foreign investors cast around 123.6 million shares in favor of Ham’s reappointment.This represents 63.7% of the total foreign-held voting shares of the South Korean banking group and 75% of the foreign votes submitted in advance.

More than half of foreign shareholders in Hana Financial Group have thrown their support behind Chief Executive Ham Young-joo for a second term, marking a stark reversal from two years ago when a majority of them voted against him.

Domestic proxy advisory firms Korea Institute of Corporate Governance and Sustainability and Korea Corporate Governance Service have both recommended shareholders support Ham’s reappointment.

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 16:46:44 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 27188362

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 6 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 10 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #91

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  • URL: https://chronographically.beamstart.com/news/hana-financial-ceo-set-for-17424572038997

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