Tae-Seung Son, Chairman of Woori Finance “Innovate with the same mind on the first day of every day”

Presenting key keywords’innovation and efficiency’ at the New Year’s Business Strategy Meeting

Woori Financial Group Chairman Son Tae-seung delivered a speech at the 2021 Business Strategy Meeting held at the Synergy Hall of Woori Bank's headquarters in Jung-gu, Seoul on the 15th.  (Photo = Woori Financial Group)

Woori Finance Chairman Son Tae-seung held a 2021 Woori Finance Business Strategy Meeting held at the Synergy Hall of Woori Bank’s headquarters in Jung-gu, Seoul on the 15th. (Photo = Woori Finance)

On the 17th, Woori Financial Group announced on the 17th that it held the ‘2021 Management Strategy Workshop’ at the Synergy Hall of Woori Bank’s headquarters in Jung-gu, Seoul, with 600 people including executives of group companies participating in a non-face-to-face manner through YouTube.

Earlier on the 11th, on the 11th, on the 2nd anniversary of the founding of the holding company, Woori Finance declared a new vision of’a financial group that creates tomorrow’s value through innovation of today’, and once again put up the English vision of’Innovate Today, Create Tomorrow’ as an event slogan. All group companies, including banks, had time to share their vision and management strategy of the year.

On this day, Tae-seung Son, chairman of Woori Finance, mentioned the Resilience (resilience of resilience) that was emphasized in the New Year’s speech and ordered that “in all areas, including financial performance, we must spring up like a spring.”

He added, “For this, we must innovate every day with the same attitude on the first day, like big innovators like Amazon and Google.”

In addition, Chairman Son explained to executives and employees the mid- to long-term strategy established at the end of the year and this year’s management strategy, and emphasized that’innovation’ and’efficiency’ are the key keywords of this year’s management goal.

“Woori Finance’s growth potential is highly evaluated in the market,” he said. In addition to expanding the group’s growth base, △Digital No. 1 Leap forward △Improve management efficiency △Strengthen brand and ESG (environmental, social, governance) management △Strengthen risk and internal control △Lead global business, etc.

Woori Finance officials said, “At the end of the event, after listening to a lecture by Professor Jin-young Shin of Yonsei University on the importance of environmental, social, and governance (ESG) management, the CEO of all subsidiaries held a signing ceremony for ESG management principles, pledged to actively participate in ESG management. “We also declared support for the CDP (Carbon Disclosure Project) and TCFD (Climate-related Financial Information Disclosure Recommendation) to achieve global ESG management performance and to be evaluated transparently in domestic and foreign markets.”

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