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Chairman Sohn Tae-seung of Woori Financial Group. (Photo: WFG)Woori Financial Group has been working on its globalization strategy for some time now, knowing that the domestic financial market is too crowded to grow profits, so it should go overseas in search of greener pastures.The financial group …
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President Kim Do-jin of Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) has decided to focus on major cities around the world where SMEs are trying to explore for their overseas operations such as New York, London, Tokyo and Hong Kong.The state-run bank has been providi…
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Chairman Lee Dong-geol of Korea Development Bank.(KDB)(Photo: KDB)“People can beat Heaven if they set their minds and work for it,” and “I have such confidence in you to work faithfully for your assigned work,” Chairman Lee Dong-geol of Korea Development Bank (KDB) during his inaugural speech at…
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President Jin Ok-dong of Shinhan Bank. President Jin Ok-dong of Shinhan Bank said he will aim to make the bank global with the full digitalization of its facilities through reformative reforms by shedding bureaucracy and time-worn practices. He made the comments in his first media meeting since taki…
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New President Ji Sung-kyoo of KEB Hana Bank is waving the bank’s flag at his inauguration ceremony on March 21 at the bank’s head office in Euljiro, Seoul.President Ji Sung-kyoo of KEB Hana Bank is set to challenge the global financial market with a digitalization and global strategy to spur his b…
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Chairman Jung Ji-won of the Korea Exchange.(KRX) (Photos: KRX)The Korea Exchange (KRX) is considering making ceremonies for newly listed companies more interesting and meaningful. The stock market authority thought the current celebration to mark the initial day of trading has been too rigid, mechan…
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President Jeong Young-chae of NH Investment and Securities Co. (Photo: NHIS)NH Investment & Securities Co. won the 10th Comprehensive IB Award for the first time since 2016, which at the time was the third year in a row that the securities company clinched the award.The securities firm was recog…
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President Lee Jeong-hwan speaks at the 15th anniversary ceremony of Korea Housing Finance Corp. on Feb. 28 at the Busan International Finance Center in Busan. (Photos: HF)In his congratulatory speech on the occasion of the company’s 15th anniversary, President Lee Jeong-hwan of Korea Housing Financ…
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Chairman Cho Yong-byeong of Shinhan Financial Group. (Photo: SFG)Over the next four years Shinhan Financial Group is set to invest 1.7 trillion won in businesses that are heavily focused on R&D to pivot its paradigm to the development of high-tech industries.The financial group said on Feb. 20 t…
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Chairman Yoon Jong-kyoo of KB Financial Group is seen with a number of employees on a visit to KB Kookmin Bank. (Photo: KB Bank)Chairman Yoon Jong-kyoo of KB Financial Group is out to strengthen his understanding of the group’s affiliates by holding one-on-one meetings with affiliate CEOs over brea…
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Chairman Kown Oh-gap of HD Hyundai Group. (Photos: HD Hyundai Group)HD Hyundai Heavy Industries has decided to bring HD Hyundai Mipo (HMD) into its corporate structure fold. HD Hyundai Heavy Industries said on Aug. 27 the shipbuilder will effectively…
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Acting KPX President Kim Hong-keun. (Photos: KPX)The nation’s power demand soared to 96 GW at 6 p.m. on Aug. 25, renewing the highest-ever peak power demand one this summer, Korea Power Exchange (KPX) said. A sultry spell, which started earlier…
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Dignitaries, including President Kwon Myung-ho of Korea East-West Power Co. (EWP), Gyeongsangbuk-do Vice gov. Yang Kum-hee and Acting Yeongju Mayor Yoo Jeong-geun, participate in a deal on joint cooperation and investment in a 1.2 trillion won projec…
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President Kim Dong-cheol of Korea Electric Power Corp. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) and MR (Maschinenfabrik Reinhausen) of Germany joined forces to explore new global markets by utilizing the former’s Substation Equipment Diagno…
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