Son Tae-seung, Chairman of Woori Financial Group, "Complete Privatization After 23 Years, Prioritizing Customer and Shareholder Value"

Special Deposit and Savings Accounts Launched, Prize Event Held, etc.

[Asia Economy Reporter Jin-ho Kim] Sohn Tae-seung, Chairman of Woori Financial Group, emphasized, "With the complete privatization after 23 years, we will prioritize customer and shareholder value above all else."

On the 10th, according to Woori Financial Group, Chairman Sohn announced this message of gratitude on the company’s website following the completion of the sale process of the 9.33% stake held by the Korea Deposit Insurance Corporation.

The 9.33% stake of Woori Financial Group held by KDIC was sold on the 9th to Eugene Private Equity (4%), KTB Asset Management (2.33%), Align Partners Consortium (1%), Dunamu (1%), and Woori Financial Group’s employee stock ownership association (1%).

In his message of thanks, Chairman Sohn said, "Thanks to our customers and shareholders, we were able to realize the dream of complete privatization," and added, "Going forward, we will prioritize innovative and exceptional customer experiences and actively enhance corporate value suitable for the digital era."

He also sent a separate encouragement email to employees, urging, "Let us use the complete privatization as an opportunity to be properly evaluated for corporate value in the market and to become a financial group recognized for its presence and reliability by the nation and society."

Meanwhile, to commemorate the complete privatization, Woori Financial Group’s subsidiaries will hold customer appreciation events. A Woori Financial Group official stated, "Subsidiaries such as Woori Bank, Woori Card, and Woori Financial Savings Bank will participate by launching savings and deposit products with special preferential interest rates and organizing various prize events."

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