The Korea Herald

지나쌤

Shinhan Bank CEO sees term extended

By Kim Yon-se

Published : Feb. 23, 2012 - 18:30

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Suh Jin-won Suh Jin-won
Shinhan Financial Group has allowed Shinhan Bank president & CEO Suh Jin-won to take a second term for the next three years.

Amid the past internal management woes, Suh was appointed to the post as the bank CEO at the end of 2010 to finish out a former CEO’s term.

Now he has been chosen to enjoy the regular three-year term until 2015, the financial group said Thursday.

CEO Suh has the goal of making Shinhan one of the top 10 commercial banks in Asia and No. 1 in Korea by 2015.

Suh, who began his career as a banker in 1977 after graduating from Korea University, joined the commercial bank in 1983.

Since being named deputy CEO of the bank in 2004, he has held executive-level posts, including group vice president, at the parent Shinhan Financial.

By Kim Yon-se (kys@heraldcorp.com)