Lee Seok-jun, NH Financial Group Chairman, "Preparing for ESG Finance and AI Digital Transformation"

2024 NongHyup Financial Global New Year Meeting Held

Lee Seok-jun, Chairman of NongHyup Financial Group, urged the heads of overseas branches to prepare for ESG (Environmental, Social, and Governance) finance and AI (Artificial Intelligence)-based digital transformation.

NH NongHyup Financial Group announced on the 24th that it held a New Year's meeting with the heads of overseas branches at its headquarters in Jung-gu, Seoul. Chairman Lee emphasized the urgent need to prepare for ESG finance and AI-based digital transformation of business models in the global sector to ensure the sustainable management of NongHyup Financial. He stated, "Leading global financial companies have already practically embedded ESG into their management and business," and stressed the need to strengthen global 'E (Environmental)' finance competitiveness through organic collaboration between the home country and overseas branches.

Furthermore, he emphasized the need to accelerate the digitalization of each branch's operating system now that the basic global network has been established. He urged thorough efforts to enhance employee capabilities and build related infrastructure so that AI utilization can be applied to actual business operations.

Chairman Lee encouraged the heads of overseas branches while also emphasizing the need for stronger risk management than before.

On the 24th, Lee Seok-jun, Chairman of NH Nonghyup Financial Group, is presiding over the meeting at the NH Nonghyup Financial Group headquarters conference room in Jung-gu, Seoul, during the Nonghyup Financial Global New Year's Meeting.
[Photo by NH Nonghyup Financial Group]

Meanwhile, in his second year in office, Chairman Lee moved away from the traditional report-centered meeting practices and held the meeting in a town hall format, freely listening to and discussing on-site opinions with heads of 21 overseas branches in 10 countries.

NongHyup Financial Group selected key global business promotion tasks for this year, including establishing a global ESG strategy and executing specialized projects, strengthening internal capabilities and infrastructure for applying digital finance, expanding cooperative projects based on global partnerships, fostering core businesses by overseas branch, and advancing global risk management and internal control systems. These will be reflected in the KPI (Key Performance Indicators) to further enhance execution capabilities.

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