KB Financial Group Holds Management Strategy Meeting... Discusses Execution Ideas for 'RENEW 2021'

Group Executives of Over 240 Participate in Video Conference Connecting About 60 Domestic and International Offices
Chairman Yoon Jong-kyu: "While Maintaining the Value of Financial Companies, We Must Transform into a Complete Financial Platform Enterprise"

[Asia Economy Reporter Park Sun-mi] KB Financial Group held its 2021 Group Management Strategy Meeting with the attendance of about 240 people, including Chairman Yoon Jong-kyu, CEOs of each affiliate, and executives.

On the 11th, KB Financial announced that during the management strategy meeting held on the 8th, there was an in-depth discussion on the execution ideas for the 2021 group management strategy direction, ‘R.E.N.E.W 2021.’ This management strategy meeting was conducted as a video conference connecting about 60 locations, including the holding company and domestic and overseas offices of each affiliate, in compliance with the national COVID-19 quarantine guidelines.

The morning session of the management strategy meeting began with watching a video containing employees’ opinions and wishes about the direction KB Financial should take. Following this, through sharing the group’s mid- to long-term management strategy and the 2021 management plan, the executives had a time to build consensus on the group’s strategic goals and direction.

The 2021 KB Financial Group Management Strategy Meeting held online on the 8th

In the afternoon session, executives presented ideas on five key themes of the 2021 group management strategy direction ‘R.E.N.E.W 2021’: ▲ Reinforce the Core ▲ Expansion of Global & New Biz ▲ No.1 Platform ▲ ESG Leadership ▲ World class Talents & Culture. Based on these presentations, passionate discussions among executives further specified the execution plans.

In the final CEO special lecture, Chairman Yoon Jong-kyu said, “Going forward, KB must maintain the core values of a financial company while transforming into a fully digital organization and a financial platform company,” adding, “To leap forward as the number one financial platform company most loved by customers as a lifelong financial partner, all executives must unite with a resolute attitude to start anew from the ground up and persistently execute.”

A KB Financial official said, “Although this management strategy meeting was held as a non-face-to-face video conference due to COVID-19, we felt a much more passionate atmosphere than ever before,” and added, “Especially, it was a valuable time to gain insights through collective intelligence, as the group’s executives looked in the same direction and discussed concrete execution plans and mutual cooperation methods that each can promote from their respective positions.”

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