Major financial groups’ year-end CEO appointments at their subsidiaries are widely viewed as prioritizing continuity over bold reshuffles, despite broad-based organizational overhauls that have included the creation and expansion of teams focused on productive finance in line with the Lee Jae Myung government’s financial transformation drive, industry officials said Monday. Financial authorities, meanwhile, have raised concerns over entrenched practices in appointing financial holding group chairmen and CEOs and are preparing to launch a task force to overhaul corporate governance more broadly, heightening tensions across the financial sector. The four major financial groups — KB, Shinhan, Hana and Woori — have a total of 52 subsidiary CEOs. Of these, 28 are set to see their terms expire by the end of the year, meaning more than half face renewal or replacement. As of Dec. 24, KB, Shinhan and Hana Financial Group have completed their subsidiary CEO appointments. Of the 18 executives up for review, only five were replaced, while the remaining 13 were retained. At Woori Financial