Hana Financial Group selected the group’s new president, the No. 2 figure in the group, and its flagship Hana Bank’s CEO, the No. 3 figure.

The group’s move comes after its ad hoc committee picked incumbent Hana Bank CEO Kim Jung-tai as the new chairman, the No. 1 post, following its takeover of Korea Exchange Bank.

Choe Heung-sik, CEO of Hana Institute of Finance, was nominated as a candidate for group president to replace Kim Jong-yeol, who expressed his intention to resign in January.

“I will try be a help for the development of the organization,” he said in a statement.

Kim Jong-jun, CEO of Hana Capital, was nominated as the new CEO of Hana Bank to succeed Kim Jung-tai.

“I will do my best to help Hana Financial to become one of the the world’s top 50 financial groups by supporting the new chairman,” nominee Kim Jong-jun said in a statement.

Hana Financial incumbent chairman Kim Seung-yu will see his term expire at the end of March.

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