Shinhan Financial Investment Advances Next-Generation Leaders... Executive Appointments and Organizational Restructuring Implemented

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[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 23rd that ahead of its 20th anniversary in 2022, it has carried out executive appointments and organizational restructuring focused on strict performance-based principles, the promotion of next-generation leaders, and the appointment of female personnel.

Shinhan Financial Investment has positioned next-generation leaders through large-scale appointments. Among the 44 executives at the level of deputy general manager and above, 12 new executives were appointed, accounting for 27%, to respond to the rapidly changing management environment and trend shifts. As a result, more than half of the 44 executives at the deputy general manager level and above are composed of those born in the 1970s.

Additionally, among the nine newly appointed deputy general managers, three were women, showing considerable attention to securing diversity from an ESG perspective. Consequently, Shinhan Financial Investment confirmed its reputation as having the ‘best gender equality index’ among domestic financial companies, with 14% of all executives being female.

Finally, under the principle of destroying seniority and strict meritocracy, executives with outstanding capabilities were boldly promoted and assigned to key positions. Executive Director Ahn Seok-cheol, Head of the Equity Management Division, and Executive Director Lim Tae-hoon, Head of the International Division, were promoted from general manager to executive director within a year based on excellent performance. Furthermore, the heads of the Strategy Planning Group and the Management Support Group, two of the company’s core key positions, were also next-generation leaders born in the 1970s.

Along with these executive appointments, Shinhan Financial Investment implemented an organizational restructuring by introducing an agile organizational system to more strongly promote customer-centric strategies and digital transformation and to respond flexibly and swiftly to rapidly changing environmental changes. This expresses the company’s determination to fundamentally change the way it works from the customer’s perspective.

Shinhan Financial Investment established dedicated branches to provide differentiated services to high-net-worth and corporate clients, expanded the IPS Division supporting asset management sales into the IPS Group, and newly established the OCIO Division to provide optimized solutions tailored to target customers.

Additionally, a Digital Group was newly established to more powerfully drive the leap to a digital leading company. To actively respond to the expansion of digital investment base, the company plans to focus more on efficient asset management services and platform advancement for digital customers.

Furthermore, to execute fast and strong customer-centric strategies, a customer-centric tribe directly under the CEO and a DT promotion tribe were newly established to accelerate digital transformation.

A Shinhan Financial Investment official stated, “This organizational restructuring was carried out under the principles of easier, more comfortable, and newer finance,” and emphasized, “Through strengthening customer-centric and fundamental competitiveness in each business sector and establishing an agile and flexible organizational system, we will make 2022, the 20th anniversary year, a meaningful year to leap forward as a leading capital market securities company.”

The details of executive appointments following the organizational restructuring are as follows.

◆ Vice Presidents

▲ Retirement Pension Business Group Lee Young-jong ▲ Global Business Group Seo Seung-hyun

◆ General Managers

▲ Digital Group Kim Jang-woo

◆ Deputy General Managers

▲ Finance Sales Headquarters Shin Yoon-joo ▲ WM Promotion Headquarters Kim Hyun-gi ▲ Screening Headquarters Choi Sung-joon ▲ Consumer Protection Headquarters Kwon Young-dae ▲ Brand Promotion Headquarters Kim Soo-young

▲ Corporate Sales Headquarters Nam Ki-chun ▲ Strategy Planning Headquarters Lee Kyu-seop

◆ Deputy General Managers (Specialized Executives)

▲ Cheongdam Financial Center Yeom Jeong-joo ▲ Overseas Stock Business Department Jung Se-chan

◆ Vice President

▲ Retail Group Choi Tae-soon

◆ Executive Directors

▲ Institutional Client Group Yoo Sung-yeol ▲ Retirement Pension Business Headquarters Park Sung-jin ▲ International Sales Headquarters Lim Tae-hoon ▲ GIS Headquarters Ahn Seok-cheol

◆ General Managers

▲ IB Comprehensive Finance Headquarters Kim Joon-tae ▲ FICC Sales Headquarters Kim Ki-dong ▲ Research Center Yoon Chang-yong ▲ Real Estate Finance Headquarters Kim Sung-jun ▲ Management Support Headquarters Han Il-hyun ▲ Corporate Finance Headquarters Kwon Yong-hyun ▲ Compliance Headquarters Sa Gong-tak ▲ ICT Headquarters Jeon Hyung-sook ▲ Retail Strategy Headquarters Yang Jin-geun

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