Yoon Jong-won, CEO of IBK, Prioritizes Personnel for Leave and Returnees to Minimize Work Gaps
[Asia Economy Reporter Kwon Haeyoung] Yoon Jong-won, President of IBK Industrial Bank of Korea, will conduct personnel appointments this month exclusively for employees on leave or returning from leave due to childbirth, in order to minimize work disruptions caused by delays in the regular personnel reshuffle due to union's obstruction of attendance.
IBK Industrial Bank of Korea announced on the 15th that it will issue personnel orders this month only for employees on leave or returning from leave before conducting the regular personnel reshuffle for the first half of the year. The bank usually holds regular personnel reshuffles twice a year, in January and July, during which many employees take leave or return from leave.
A bank official stated, "This is in accordance with President Yoon Jong-won's directive to minimize inconvenience to employees despite the unavoidable delay in the regular personnel reshuffle," adding, "Although the first half personnel reshuffle may be somewhat delayed due to various circumstances, the purpose is to minimize inconvenience for some employees planning to take leave or return from leave."
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Meanwhile, President Yoon has been unable to attend his office at the Euljiro headquarters in Jung-gu, Seoul for 13 days due to the union's attendance obstruction protest against 'parachute appointments.' He has continuously expressed willingness to engage in dialogue with the union and emphasized transparency and fairness in executive personnel appointments. President Moon Jae-in also dismissed the union's parachute appointment controversy during his New Year's press conference the previous day, supporting President Yoon. President Moon stated, "IBK Industrial Bank of Korea is a government-invested policy bank. The authority over the appointment of the bank president lies with the government."
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