[신년사] Jin Ok-dong, head of Shinhan Bank, “We ran into digital transformation”

Input 2021.01.04 10:43

Shinhan Bank President Jin Ok-dong said, “Let’s achieve sustainable growth through digital transformation, strengthening competitiveness, and win-win growth”, saying that the success of the digital transformation (DT) depends on the organization’s luck.

In his New Year’s speech on the 4th, Jin said, “It is digital transformation that needs to be hurried right now, and the success or failure of the organization depends on its success.”

“We will focus our resources on data and AI competency development and lower the threshold for recruiting talent. We are also pursuing a plan to foster future capabilities in stages. We ask for the active participation of all employees.”

He also emphasized the’reinforcement of fundamental competitiveness’ of the financial industry. Jin said, “We will promote the shared growth business culture with the value of’faithfulness’ at the center,” and “we will surely regain the reputation of the past’healthy and risk management masters’.”

In particular, he emphasized, “In front of a global pandemic, the value of’win-win growth’ is growing even more,” and he emphasized, “We will actively take part in creating social values ​​such as ESG and innovative finance support.”

He added that there is a need for an attitude of ‘haeng-pil-sin-sin-sense (行必誠實), which means that Jin conducts, but must be faithful.

“The value of win-win growth is growing in front of a pandemic that no one can avoid. All sales and marketing should be based on strong trust with customers and society,” said Jin. “The entire internal control including the product selection process is thoroughly covered. I have to look at it.”

“We will re-engrave the first phrase of the founding ideology of’Bank for the Country’, and will actively create social values ​​such as ESG and innovative financing support.” Let’s build it up.”