Son Byung-hwan, Chairman of NongHyup Financial, "Expand Network and Strengthen Overseas Business Capabilities"

Chairman Son to Hold 2nd Global Strategy Council Meeting on the 5th

Son Byung-hwan, Chairman of NongHyup Financial Group, is presiding over the '2021 2nd Global Strategy Council' meeting held at the NongHyup Financial Group headquarters in Jung-gu, Seoul on the 5th.

[Asia Economy Reporter Kiho Sung] "As we mark the 10th anniversary of the establishment of the financial holding company next year, I urge all affiliates to focus their capabilities so that global business can become the core strategic business and new growth engine of NH Nonghyup Financial Group."

Son Byunghwan, Chairman of NH Nonghyup Financial Group, called on employees to actively pursue overseas business.

According to Nonghyup Financial on the 6th, Chairman Son personally presided over the '2021 2nd Global Strategy Council' the day before and shared future market conditions and current issues.

Considering the COVID-19 situation, the council was held via video conference, attended by Chairman Son, CEOs of affiliates, and heads of relevant departments.

In particular, Chairman Son urged the expansion of networks by each affiliate and strengthening of business capabilities at overseas branches to achieve the mid-to-long-term global business goals of Nonghyup Financial by 2025: "KRW 160 billion in net profit and securing 28 branches in 13 countries."

Chairman Son said, "Despite various adverse conditions, it was a time to once again feel the resilience of Nonghyup Financial, which turns crises into opportunities by steadfastly expanding its global network."

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