Jeong Tae-young Displays Message to Employees: "COVID-19 Pandemic, Safety is the Top Priority"

Emphasizing Safety Amid the COVID Pandemic Through Internal Messages

[Asia Economy Reporter Ki Ha-young] Chung Tae-young, Vice Chairman and CEO of Hyundai Card·Capital·Commercial, has taken direct responsibility for the safety of domestic and international employees amid the COVID-19 pandemic.

According to Hyundai Card on the 27th, Vice Chairman Chung recently emphasized in an internal message, "We will spare no resources to ensure the safety of our employees at home and abroad during the COVID-19 pandemic."

He stated, "COVID-19 has changed our lives and will also transform our business," adding, "Ultimately, it will change the global economy on a scale even greater than the Lehman Brothers incident that triggered the 2008 global financial crisis."

He further stressed cooperation to overcome the crisis in line with the corporate culture emphasizing a 'Global One Company.' Vice Chairman Chung said, "The coronavirus does not strike everywhere simultaneously," and added, "From East Asia to Europe, the United States, and South America, we must share resources, policies, and experiences as one team to overcome COVID-19."

Currently, as COVID-19 rapidly spreads in Europe and the United States, the number of confirmed cases worldwide has surpassed 500,000. Hyundai Capital has a total of 11 overseas subsidiaries in countries including the United States, China, the United Kingdom, Germany, and Brazil. The number of overseas employees reaches approximately 2,500. A sharing system among all overseas subsidiaries, including the China branch, is currently in operation to communicate and monitor situations related to quarantine measures. Domestically, various infection prevention measures such as remote work, flexible commuting hours, and bans on company gatherings are being implemented.

Vice Chairman Chung stated, "Last year’s successful business performance has created room to navigate this year’s risks," and added, "Even amid the economic crisis caused by COVID-19, we will wisely manage sales, financing, and risk management."

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