SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2024

Commission File Number: 001-31811

 

 

Woori Financial Group Inc.

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 

 


Announcement of the Annual General Meeting of Shareholders for Fiscal Year 2023

On February 29, 2024, the Board of Directors of Woori Financial Group Inc. (“Woori Financial Group”) passed the following resolution to hold the annual general meeting of shareholders (the “AGM”) on March 22, 2024.

Key Details Relating to the Annual General Meeting of Shareholders

 

   

Meeting Date and Time: March 22, 2024; 10:00 A.M. (Korea Standard Time)

 

   

Venue: Woori Bank Head Office Building, Synergy Hall, 5th floor, 51, Sogong-ro, Jung-gu, Seoul, Korea (subject to change in the case of extraordinary circumstances)

 

   

Agenda:

1. Approval of separate financial statements (including statements of appropriations of retained earnings) and consolidated financial statements for the fiscal year 2023 (Jan. 1, 2023 – Dec. 31, 2023)

2. Election of directors (5 Independent directors)

 

  -

2-1 Candidate for Independent director : Chan-Hyoung Chung

 

  -

2-2 Candidate for Independent director : In-Sub Yoon

 

  -

2-3 Candidate for Independent director : Yo-Hwan Shin

 

  -

2-4 Candidate for Independent director : Eun-Ju Lee

 

  -

2-5 Candidate for Independent director : Sunyoung Park

3. Election of Audit Committee Members who are Independent directors (2 directors)

 

  -

3-1 Candidate for Audit Committee Member who is an Independent director : Chan-Hyoung Chung

 

  -

3-2 Candidate for Audit Committee Member who is an Independent director : Yo-Hwan Shin

4. Approval of the Maximum Limit on Directors’ Compensation


Agenda details

 

   

Appointment of Independent directors

 

Name   Date of Birth   Term of Office   Appointment   Career Background
(including current position)
   Other Positions
Held (Institution
Name and Title)
(Note1)
Chan-Hyoung Chung  

February

1956

  From the end of the AGM for FY2023 to the end of the AGM for FY2024  

Re

Appointment

 

2019-Current

 

2018-Current

 

2015-2018

 

2015-2015

 

2007-2014

  

-  Independent Director, Woori Financial Group

 

-  Independent Director, Woori Bank

 

-  CEO, POSCO Capital

 

-  Vice Chairman, Korea Investment Management

 

-  CEO and President, Korea Investment Management

  

- Independent Director,

Woori Bank

In-Sub

Yoon

 

January

1956

  From the end of the AGM for FY2023 to the end of the AGM for FY2024  

Re

Appointment

 

2022-Current

 

2018-2021

 

2010-2017

 

2008-2010

 

2007-2008

  

-  Independent Director, Woori Financial Group

 

-  Chairman of the Board of Directors and Chairman, Fubon Hyundai Life Insurance

 

-  CEO, Korea Ratings

 

-  CEO, Hana HSBC Life Insurance

 

-  CEO, Hana Life

   -

Yo-Hwan

Shin

 

December

1962

  From the end of the AGM for FY2023 to the end of the AGM for FY2024  

Re

Appointment

 

2022-Current

 

2017-2020

 

2015-2017

 

2011-2015

  

-  Independent Director, Woori Financial Group

 

-  CEO, Shinyoung Securities Co., Ltd.

 

-  General Executive Director, Shinyoung Securities Co., Ltd.

 

-  Executive Director, Retail Business Headquarter, Shinyoung Securities Co., Ltd.

   -

Eun-Ju

Lee

 

February

 

1972

 

Please refer to

Note 2

 

New

Appointment

 

2023-Current

 

2023-Current

 

2021-Current

 

2008-Current

 

2001-2007

 

  

-  President, International Communication Association

 

-  Board Member, Center for Social Value Enhancement Studies

 

-  Head, Social Science Research Division on Digital Communications and Mental Health

 

-  Professor, Dept. of Communication, Seoul National Univ.

 

-  Professor, University of California, Davis

  

- Independent Director,

 

SoCar Inc.(Resignation expected to be effective on Mar. 28, 2024)


Sunyoung

Park

 

March

1982

  Please refer to Note 3   

New

Appointment

 

2021-Current

 

 

2023-Current

 

2020-2022

 

2018-2020

 

2011-2018

  

-  Member, Financial Development Review Committee, Financial Services Commission

 

-  Associate Professor, Economics Department and Dean of Office of International Affairs, Dongguk University

 

-  Assistant Professor, Economics Department, Dongguk University

 

-  Research Fellow, Korea Capital Market Institute

 

-  Assistant Professor, Dept. of Industrial and Systems Engineering, KAIST

  

- Independent Director,

HL Mando Corp. (Resignation expected to be effective on Mar. 26, 2024)

Note 1) Only includes positions held as a director, executive officer, or auditor

Note 2) The term of office of the independent director candidate Eun-Ju Lee will be from the effective date of her resignation as an independent director from SoCar Inc., where she currently serves, to the end of the AGM of Woori Financial Group for FY2025. Independent director candidate Eun-Ju Lee plans to resign from her position as an independent director of SoCar Inc., where she currently serves, before the AGM of Woori Financial Group her appointment as an independent director of Woori Financial Group will be contingent upon the appointment of a new independent director to succeed her at the shareholders’ meeting of SoCar Inc. in 2024. Her term of office as an independent director of Woori Financial Group will commence upon the appointment of such new independent director of SoCar Inc., which shall mark the effectiveness of the resignation of Eun-Ju Lee, the independent director candidate, from the position of an independent director of SoCar Inc. and will terminate after the AGM of Woori Financial Group for FY2025.

Note 3) The term of office of the independent director candidate Sunyoung Park will be from the date of her resignation as an independent director from HL Mando Corp., where she currently serves, to the end of the AGM of Woori Financial Group for FY2025. Independent director candidate Sunyoung Park plans to resign from her position as an independent director of HL Mando Corp., where she currently serves, before the AGM of Woori Financial Group, and her appointment as an independent director of Woori Financial Group will be contingent upon the appointment of a new independent director to succeed her at the shareholders’ meeting of HL Mando Corp. in 2024. Her term of office as an independent director of Woori Financial Group will commence upon the appointment of such new independent director of HL Mando Corp., which shall mark the effectiveness of the resignation of Sunyoung Park, the independent director candidate, from the position of an independent director of HL Mando Corp. and will terminate after the AGM of Woori Financial Group for FY2025.

 

 

Appointment of Audit Committee Members who are Independent directors

 

Name   Date of Birth   Term of Office   Appointment   Career Background
(including current position)
   Other Positions
Held (Institution
Name and  Title)
(Note1)

Chan-Hyoung  Chung  

 

February 

1956

  From the end of the AGM for FY2023 to the end of the AGM for FY2024  

Re

Appointment

 

2019-Current

 

2018-Current

 

2015-2018

 

2015-2015

 

2007-2014

  

-  Independent Director, Woori Financial Group

 

-  Independent Director, Woori Bank

 

-  CEO, POSCO Capital

 

-  Vice Chairman, Korea Investment Management

 

-  CEO and President, Korea Investment Management

 

  

- Independent Director,

Woori Bank


Yo-Hwan Shin

 

December

1962

  From the end of the AGM for 2023 to the end of the AGM for FY2024  

Re

Appointment

 

2022-Current

 

2017-2020

 

2015-2017

 

2011-2015

  

-  Independent Director, Woori Financial Group

 

-  CEO, Shinyoung Securities Co., Ltd.

 

-  General Executive Director, Shinyoung Securities Co., Ltd.

 

-  Executive Director, Retail Business Headquarter, Shinyoung Securities Co., Ltd.

 

   -

Note 1) Only includes positions held as a director, executive officer, or auditor


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

       

Woori Financial Group Inc.

        (Registrant)
Date: February 29, 2024        

By: /s/ Sung-Wook Lee

        (Signature)
        Name: Sung-Wook Lee
        Title:  Deputy President

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