NH Nonghyup Life Insurance Declares 'Sustainable Value Management'

Sharing This Year's Business Strategy Direction
Setting Five Core Tasks Including Strengthening Insurance Profitability and Reinforcing the Identity of Cooperative Insurers

Kim In-tae, CEO of NH Nonghyup Life Insurance, and executives are holding a business promotion strategy meeting via video conference.

[Asia Economy Reporter Ki Ha-young] NH Nonghyup Life Insurance has set its business strategy direction for this year as 'Establishing a Sustainable Value Management System' and decided to focus on securing long-term growth engines.

On the 15th, NH Nonghyup Life Insurance held a 'Business Promotion Strategy Meeting' to pledge achieving this year's goals and shared these details. Due to the COVID-19 situation, the meeting was conducted via video conference and was attended by about 60 executives and employees, including CEO Kim In-tae and heads of headquarters and regional organizations.

CEO Kim In-tae presented five core tasks to practice value management: ▲ Strengthening insurance profit and loss centered on long-term value ▲ Enhancing identity as a cooperative insurance company ▲ Responding to future environments such as digital and Environmental, Social, and Governance (ESG) management ▲ Building consumer-oriented trust ▲ Establishing a performance-centered organizational culture. He especially emphasized focusing on innovation that can maximize business capabilities and faithfully fulfilling the role of NH Nonghyup Financial as a profit center.

CEO Kim emphasized, "In 2021, let us solidify our determination of Hosiu-bo, meaning to execute prudently with sharp insight, and I hope all executives and employees advance with a sense of ownership and a spirit of challenge."

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