Ryoo Shee-yul has been appointed as the acting chairman of Korean banking giant Shinhan Financial group after the resignation of its previous chairman, Ra Eung-chan, at the weekend.
Ryoo, who has been a senior advisor at Shin & Kim since 2002, will lead the group until March 2011 when a new chairman will be appointed at a shareholder’s meeting.
Ryoo has had a distinguished career in the country’s financial services sector. In addition to his time at Shinhan, he was a former president of Korea First Bank (now known as Standard Chartered First Bank) and the chairman of the Korea Federation of Banks.ALB
Other related stories: