KEB Hana Bank Ceo

Hana Financial Group Inc. and unit KEB Hana Bank nominated KEB Hana Bank Vice President Chi Seong-kyu to replace Ham Young-joo as the bank’s CEO, Money Today reported Feb. 28.

Chi’s appointment will take effect after shareholder approval on March 21.

Ham Young-joo withdrew his name on the candidate roster after financial regulators balked at his CEO appointment for a third consecutive term.

Ham is facing trial over hiring irregularities at the lender and obstruction of duties, Yonhap News Agency separately reported Feb. 28. A court verdict on the case is expected by the end of 2019.