Gieun, Second Half Regular Personnel Changes... Two New Deputy Bank Presidents Appointed and Record Number of Female Branch Managers Promoted

Expecting Organizational Innovation and Change through Selection of 40s Branch Manager, Millennial Generation Team Leader, and Store Manager Candidates

Park Cheong-jun, Deputy Head of Innovation Finance Group

[Asia Economy Reporter Park Sun-mi]IBK Industrial Bank conducted its regular personnel reshuffle for the second half of 2021 on the 14th, promoting and transferring a total of 1,887 employees, including two newly appointed vice presidents. To build an innovative organizational culture, promotions were made for branch managers in their 40s and millennial generation team leaders (aged 39 to 42), and the number of female branch managers promoted reached a record high of 24.

The newly appointed vice presidents are Park Cheong-jun, who was appointed as Head of the Innovation Finance Group, and Moon Chang-hwan, who was appointed as Head of the Digital Group. Vice President Park Cheong-jun is a field-oriented SME finance expert who has worked exclusively at industrial complex branches in the Gyeonggi area such as Suwon, Hwaseong, and Osan for 29 years since joining the bank, and is regarded as the right person to lead the Innovation Finance Group that drives the growth of startups and innovative companies.

Digital Group Deputy Head of Department Moon Chang-hwan

New Vice President Moon Chang-hwan has overseen change management strategies and corporate new product development through roles such as Head of Future Planning Office and Head of Corporate Customer Department, and is considered the ideal candidate to lead the Digital Group to promote rapid digital transformation based on his extensive field experience in the Banwol and Siwha industrial complex areas.

Three branch managers who demonstrated outstanding performance on the ground were promoted to head of departments. Shin Wook-hee, branch manager of Seolleung Station Branch, was appointed Head of the Southern Regional Headquarters; Oh Sang-jin, branch manager of Itaewon Branch, was appointed Head of the Central Regional Headquarters; and Park Young-jong, branch manager of Jangnim-dong Branch, was appointed Head of the Gyeongnam Regional Headquarters. Within the headquarters, three department heads were promoted to head of departments. Hyun Kwon-ik, Head of Corporate Customer Department, was appointed Head of the Southern Gyeonggi Regional Headquarters; Kim Un-young, Senior Inspector, was appointed Head of the Inspection Department; and Kim Hak-pil, Head of Risk Management, was appointed as Head of Department.

This personnel reshuffle firmly upheld Bank President Yoon Jong-won's personnel policy, which emphasizes fairness, innovation, and inclusiveness. Executive-level appointments were made according to the seniority principles newly established last year, and promotions and transfers of general employees reflected performance, capability, and organizational contribution to enhance fairness.

To build an innovative organizational culture, promotions were made for branch managers in their 40s, selected branch heads through open recruitment, and millennial generation team leaders (aged 39 to 42), expanding the scale to encourage employees who faithfully performed the role of a policy bank during COVID-19. Following the previous reshuffle, female promotions were also expanded. One female head of department was appointed each in the branches and headquarters, and a record high of 24 female branch managers were promoted, laying the foundation for future female executive candidates.

Organizational restructuring included the establishment of an 'Employee Rights Protection Officer' directly under the bank president to protect employee rights, with the recruitment of external experts, and the creation of a 'My Data Business Cell' to accelerate digital transformation. Bank President Yoon Jong-won stated, “We plan to complete personnel innovation through the introduction of a personnel score system that can establish fair and transparent personnel management as a system, and by promoting an AI-based personnel transfer project.”

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