Yoon Jong-kyu, Chairman of KB Financial Group, "The Core Role of Financial Companies is to Act as a Breakwater for Customers"

Yoon Jong-kyu, Chairman of KB Financial Group

[Asia Economy Reporter Buaeri] Yoon Jong-kyu, Chairman of KB Financial Group, emphasized that "even in times of crisis, protecting customers' financial assets and serving as a reliable breakwater is the core role of a financial company."

At the second half group management strategy meeting held on the 1st at the Grand Walkerhill Seoul, Chairman Yoon said, "Although the situation is difficult, let us faithfully fulfill our social responsibilities as a leading financial group by providing financial support for climate change response and ESG (Environmental, Social, and Governance) consulting for small and medium-sized enterprises."

About 270 executives, including Chairman Yoon, attended the meeting, which was held face-to-face for the first time in two years under the theme 'Re:Unite (Harmony and Communication) & R.E.N.E.W (Change)'. KB Financial stated that the meeting was designed to create a space for harmony and communication among group executives and to seek new changes at the group level amid a worsening management environment due to concerns over inflation and economic recession.

In the morning, a town hall meeting was held where Chairman Yoon responded one by one to stories previously conveyed by the executives. In the afternoon, discussions were held by each business division on the theme of 'Three Major Execution Goals and Game Changers.' During the breakout sessions divided into five groups, strategic priorities for the second half of the year were shared, and specific execution plans that could become game changers shaking up the market were intensively discussed.

At the newly established KB Innovation Awards ceremony, KB Kookmin Bank's 'KB Payment Usance,' which combines the advantages of letters of credit and remittance methods, won the 'Innovation STAR Award,' while KB Insurance's 'KB Geumjjok-like Child Insurance' and KB Securities' 'Stock Gift Service' received the 'Innovation Award.'

Chairman Yoon said, "In difficult times, let's return to basics and do our best to enhance customer value," adding, "Let's meet customers more often and manage them sincerely."

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