Yoon Jong-kyu, KB Financial Group Chairman, Emphasizes Thorough Response to Accelerating "Paradigm Shift"

KB Financial Group Holds '2020 Second Half Group Executive e-Workshop' on the 10th
Non-face-to-face Workshop Connecting Over 30 Locations Including Affiliate Headquarters via Video Conference System
Discussion on Mid- to Long-Term Management Strategy Directions and Execution Plans Amid Post-Corona Financial Environment Changes

On the 10th, at KB Kookmin Bank Yeouido Headquarters, KB Financial Group Chairman Yoon Jong-kyu and executives are conducting the '2020 Second Half Group Executive e-Workshop' via video conference.

[Asia Economy Reporter Kangwook Cho] Yoon Jong-kyu, Chairman of KB Financial Group, emphasized thorough preparation and response to the accelerating paradigm shift caused by the COVID-19 pandemic.

KB Financial Group announced on the 12th that Chairman Yoon made these remarks at the '2020 Second Half Group Executive e-Workshop' held on the 10th.

The e-workshop, attended by about 200 people including Chairman Yoon and representatives and executives from each affiliate, was conducted by connecting about 30 locations such as buildings and offices where each participant works through a video conferencing system, in line with the Untact era.

KB Financial Group had already established its own video conferencing system connecting all affiliates within the group early last year. Since the COVID-19 outbreak, most internal meetings have been conducted via video conferencing.

The workshop began with watching a video titled 'Talking about KB in the New Normal Era,' sharing vivid voices of customers and firsthand experiences felt by employees on site, examining the changes and implications COVID-19 has brought to customers and employees.

In the following session, discussions on the '2030 Future Finance Scenario' and 'Group Mid- to Long-term Management Strategy Direction' were held to reassess the direction the group should take for the future. Especially regarding mid- to long-term management strategies such as ▲Core Competitiveness ▲Untact ▲Beyond Core ▲Sustainable Management ▲New Way of Working, executives presented and discussed implementation ideas, allowing the strategic direction to be further specified.

In the final CEO special lecture session, Chairman Yoon said, “Let us gather collective intelligence to thoroughly prepare and respond swiftly to the paradigm shift accelerated by COVID-19.”

He also emphasized, “Above all, by faithfully performing righteous business and the fundamental role of finance, let all executives and employees do their best to practice ‘finance that changes the world,’ creating customer happiness and a better world.”

A KB Financial Group official said, “It was a time for all group executives to rethink and build consensus on the group’s future direction through active discussions,” adding, “All group executives and employees will strive to lead future finance based on a thorough understanding of the matters discussed today.”

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