본문 바로가기

SHINHAN FANANCIAL GROUP





Board Diversity Guidelines

Shinhan Financial Group recognizes and embraces the benefits of having a diverse Board to make important
decisions based on a wider perspective with better consideration of the interests of its shareholders,
customers and other stakeholders.
At the end of each year, the Board determines the direction for next year’s director candidate selection
and the composition of the board with an aim to fulfill the following diversity requirements:

  • Expertise
    • aRequired Expertise: finance, business management (operation of organizations), economy, law, accounting
    • bDetailed Expertise: overseas work experience, digital, investment banking (IB), risk management, consumer protection,
      and other fields of expertise a director of a financial company needs
    • cOutside Director Experience: Understanding of director’s duties
  • Diversity
    • aNationality: Candidates of various nationality, reflecting the Company’s international operations
    • bGender: Candidates of different genders, reflecting the principle of gender equality, to operate the Board based
      on diversified perspectives - At least 1/5 of the director candidate pool should be females
    • cAge: Candidates of harmonized age, in order to flexibly respond to changes in the management environment
      and to enhance the efficiency of the board - 15 years older or younger than the CEO
    • dOthers: Candidates will not be discriminated by other diversity factors, including
      but not limited to race, religion, ethnicity, nationality.
  • Recommendation:
    • Employing an open approach when recommending independent directors, in order
      to enhance the interests of various stakeholders

In determining the direction of the board, the board verifies that the composition of the board reflects the
above diversity requirements through the “Diversity Verification Matrix”. 

Unless limited by the laws of the Republic of Korea, Shinhan Financial Group will continue to make
every effort to ensure that the board of directors will be more effective by
adding various perspectives and experiences.