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Economy

Who will lead Woori's holding company?

Woori Bank will be holding a board meeting Oct. 26 to check on its progress in transforming into a financial holding company, according to officials. But also, the board members may discuss whether to have a chairman and a bank chief executive, or a single leader allowing for one top decision-maker to run both the holding company and the bank. Some potential candidates for these positions have been introduced only in the news, which the bank's spokesman said, were “just market rumors.”

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