Woori Financial Group to Establish Woori Financial Future Foundation with 20 Billion KRW Contribution

On the 17th, after holding the inaugural general meeting of the Woori Financial Future Foundation at the Woori Financial Group headquarters in Jung-gu, Seoul, the attendees are taking a commemorative photo. From the left: Kim Dong-ho, CEO of Woori Global Asset Management; Go Young-bae, CEO of Woori Fund Service; Choi Dong-soo, CEO of Woori Financial F&I; Kim Young-jin, Co-CEO of Woori Asset Trust; Lee Chang-jae, Co-CEO of Woori Asset Trust; Park Kyung-hoon, CEO of Woori Financial Capital; Lee Won-duk, President of Woori Bank; Sohn Tae-seung, Chairman of Woori Financial Group; Kim Jung-gi, CEO of Woori Card; Kim Jong-deuk, CEO of Woori Comprehensive Financial; Shin Myung-hyuk, CEO of Woori Savings Bank; Choi Young-kwon, CEO of Woori Asset Management; Lee Jung-ho, CEO of Woori Credit Information; Kim Kyung-woo, CEO of Woori PE Asset Management; Go Jung-hyun, CEO of Woori FIS; Choi Kwang-hae, CEO of Woori Financial Research Institute.

[Asia Economy Reporter Song Seung-seop] Woori Financial Group announced on the 19th that it held the inaugural general meeting of the Woori Financial Future Foundation at its headquarters in Jung-gu, Seoul.

The Woori Financial Future Foundation is a public interest foundation established to lay the foundation for sustainable growth at a time when the social responsibility and role of finance are needed. To actively participate in the group's management strategy of ESG (Environmental, Social, and Governance) management, all group companies of Woori Financial Group contributed 20 billion KRW.

At the inaugural general meeting held on the 17th, Sohn Tae-seung, chairman of Woori Financial Group, and representatives from all group companies including Woori Bank and Woori Card attended as promoters. After obtaining the foundation establishment approval and completing the establishment procedures, it is scheduled to officially launch next month. The foundation plans to provide professional and multifaceted support for the self-reliance and growth of vulnerable and marginalized groups, welfare and cultural support, and improvement of living environments.

Sohn Tae-seung, chairman of Woori Financial Group, stated, “Woori Financial Group has experience operating the Woori Multicultural Scholarship Foundation, established in 2012 and recognized as an excellent public interest foundation. The newly established Woori Financial Future Foundation will also take the lead in creating a warm society through transparent and sincere management and welfare support for marginalized groups.”

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