Woori Financial Group Announces New Vision: "Creating Tomorrow's Value Through Today's Innovation"

On the 11th, Woori Financial Group held its holding company founding anniversary ceremony and vision proclamation ceremony at the Synergy Hall of Woori Financial Group headquarters in Jung-gu, Seoul. Tae-seung Son (fifth from the left), Chairman of Woori Financial Group; Kwang-seok Kwon (sixth from the left), President of Woori Bank; Sang-yong Park (third from the left), Outside Director; Seong-tae Noh (fourth from the left), Outside Director; and employees of Woori Financial Group are posing together for a commemorative photo of the 2021 Woori Financial Group Vision Proclamation Ceremony.

[Asia Economy Reporter Kim Hyo-jin] On the 11th, Woori Financial Group held a holding company founding ceremony and vision proclamation ceremony in an untact manner at the Synergy Hall of Woori Financial headquarters in Jung-gu, Seoul, to mark the 2nd anniversary of its transition to a group system, and announced its new vision as "A financial group creating tomorrow's value through today's innovation."

The event was conducted with Chairman Sohn Tae-seung and a small number of executives from group companies participating offline in consideration of quarantine rules due to the resurgence of COVID-19, while group employees watched via live broadcast on YouTube.

At the ceremony, video congratulatory messages were delivered from long-time customers such as the chairman of the Myeongsa Club and representatives of Namdaemun Market shops, as well as PGA professional player Im Sung-jae, whom Woori Financial Group sponsors. An event welcoming the newly incorporated Capital and Savings Bank, which joined the group last month, was also held.

In his commemorative speech, Chairman Sohn Tae-seung said, "As we enter the third year of the group system this year, market evaluations will become more stringent," and urged, "I ask all group companies to participate in the group-level missions such as digital innovation, enhancing management efficiency, and maximizing synergy."

Additionally, on this day marking the third year of the group system, Woori Financial Group newly declared its value system including the group's vision and slogan. Chairman Sohn said in his speech, "Woori Financial Group opened the era of Korea's first financial holding company, but we have been running breathlessly to achieve privatization and transition to a group system through the banking system again," adding, "It is time to define new values that can envision the group's next 50 and 100 years."

A Woori Financial Group official stated, "The keywords that all employees considered most important for the group's new future were 'innovation' and 'value,' and 'We put customers and neighbors first' was established as the first core value," and added, "We proclaimed 'A financial group creating tomorrow's value through today's innovation' as the new vision and 'The first financial in our hearts' as the group's new slogan together."

Woori Financial Group declared this year as the inaugural year of ESG (Environment, Social, Governance) management. Chairman Sohn urged, "I ask all subsidiaries to actively participate in the group's ESG management strategy, including responding to climate change, which is a core agenda of the international community's ESG."

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