Yoon Jong-won Makes First Address After Inauguration... The Keyword is 'Performance'

All New Deputy Governors Born in 1964... Two Deputy Governors with High School Diplomas
Record High of 180 Female Promotees

From the left, Choi Seongjae, Kim Youngju, Yoon Wansik, and Lim Chanhee, the newly appointed vice presidents of IBK Industrial Bank.

[Asia Economy Reporter Kwon Haeyoung] Yoon Jongwon, President of IBK Industrial Bank of Korea, has made his first personnel appointments based on performance and competence. All four newly appointed executive vice presidents were born in 1964, making the leadership younger, and two of them are high school graduates. The bank also promoted its fourth female executive vice president, marking the largest scale of female promotions in its history.

On the 20th, IBK completed promotions and transfers for 2,197 employees, including four executive vice presidents and four regional headquarters chiefs, through the regular personnel reshuffle for the first half of 2020.

All four newly appointed executive vice presidents were born in 1964. Choi Seongjae, Head of the Global Business Department, was appointed as Head of the Global and Treasury Market Group; Kim Youngjoo, Head of the Southern Gyeonggi Regional Headquarters, as Head of the Credit Operations Group; Yoon Wansik, Head of the Gyeongseo Regional Headquarters, as Head of the IT Group; and Lim Chanhee, Head of the Gangnam Regional Headquarters, as Head of the Personal Customer Group.

Executive Vice President Choi is from Samcheok, Gangwon Province. He graduated from Bukpyeong High School and Soongsil University with a degree in English Literature and joined the bank in 1982. He is recognized as a global expert who led the expansion of IBK’s global network, having served as the London Branch Manager and Foreign Exchange Support Team Leader in the Foreign Exchange Business Department. He contributed to the acquisition of two banks in Indonesia, Agris Bank and Mitrania Bank, and the launch of 'IBK Indonesia Bank' last year.

Executive Vice President Kim is from Uiseong, Gyeongbuk Province. He graduated from Daewon High School and Hanyang University with a degree in Business Administration and joined the bank in 1990. He is a representative credit expert with extensive experience in core tasks related to small and medium enterprise loans, including credit planning, screening, and risk management.

Executive Vice President Yoon is from Jangheung, Jeonnam Province. He graduated from Daedong Commercial High School and joined the bank in 1981. Based on balanced experience in corporate and personal finance, he achieved outstanding results in the Banwol-Sihwa area, the most competitive battleground for SME finance, and was recognized for leading the top regional headquarters in nationwide management performance in 2019.

Female Executive Vice President Lim has played a significant role in expanding IBK’s presence in the Gangnam area, which has many high-net-worth individuals and growing small and medium-sized enterprises, based on her extensive experience in customer management. She is from Goheung, Jeonnam Province, graduated from Gwangju Girls' Commercial High School, and joined the bank in 1983.

Among the newly appointed regional headquarters chiefs, three branch managers who achieved outstanding results at key local branches and one department head recognized for contributions to strengthening internal controls and credit management were promoted.

The role of female employees stood out in this IBK personnel reshuffle. Including the appointment of a female executive vice president, the total number of female promotions reached 180, surpassing the 175 promotions in the first half of last year, marking the largest scale ever. The placement of female managers in major departments also expanded. This reflects President Yoon’s firm commitment to "breaking the glass ceiling and realizing gender equality."

An IBK official said, "This personnel reshuffle and the preceding organizational restructuring are the first results of President Yoon’s fair and performance-oriented organizational management focused on field opinions," adding, "The new president’s management philosophy will be further concretized through innovation task forces and other initiatives."

Meanwhile, appointments for the Senior Executive Vice President (Managing Director) of IBK and CEOs of subsidiaries have not yet been made. The timing of these appointments is expected to be as early as next week.

This content was produced with the assistance of AI translation services.