Choi Wonmok, Chairman of Shinbo, "Establishing a Dynamic Innovation Growth Ecosystem in the New Year"

Choi Won-mok, Chairman of the Korea Credit Guarantee Fund, stated on the 29th that he will take the lead in building an ecosystem for rapid recovery of the national economy and dynamic innovative growth.

Chairman Choi, in his New Year's address to the executives and employees attending the 2023 year-end ceremony held at the Daegu headquarters, said, “In 2024, KODIT plans to set a total guarantee volume of around 86.3 trillion won to provide sufficient liquidity, focus on fostering future industries, restoring export competitiveness, and establishing a dynamic innovative growth ecosystem by introducing scale-up programs tailored to each growth stage.”

Chairman Choi emphasized, “Throughout this year, KODIT has done its best to provide a sustainable safety net for companies facing difficulties due to the global complex crisis and to support economic recovery through export and innovative startup assistance. Based on the sufficient capabilities demonstrated by KODIT from responding to the COVID-19 crisis to overcoming the complex crisis, and the passion of employees who have quietly fulfilled their duties at every moment, let us vigorously carry out our responsibilities as the lead pitcher driving national economic recovery and strengthening fundamentals in 2024.”

As part of the year-end ceremony, Chairman Choi prepared a special awards ceremony called the ‘CODIT Special Awards’ to honor the hard work of employees. On this day, a total of 26 special awards were presented across five categories: communication and cooperation, organizational culture, unsung heroes, capability demonstration, and customer satisfaction.

The two MVP awards went to the collaborative case involving the Management Planning Department and four other departments for preparing the ‘Innovation Growth Ladder Program’ to enable the leap of small and medium enterprises to mid-sized companies, and to the Credit Guarantee Department and four other departments for contributing to easing the financial burden of client companies through securing special contributions.

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