Woori Bank Establishes 'New Business Promotion Committee' Directly Under Bank President
Woori Bank announced on the 13th that it will establish a New Business Promotion Committee directly under President Jo Byung-kyu.
The New Business Promotion Committee was established to promote new businesses with speed through efficient and timely decision-making. It is reported to reflect President Jo Byung-kyu’s strong will to advance new business initiatives.
The committee will be chaired directly by President Jo, with five group heads participating as members, including the heads of Domestic Sales Division and Corporate Investment Banking Division, as well as those in charge of ▲Digital ▲IT (Information Technology) ▲Risk ▲HR (Human Resources) ▲Management Planning.
Going forward, the New Business Promotion Committee will discuss ▲consultations for discovering and executing innovative new businesses ▲review of new business performance ▲performance-linked compensation systems. Through this, Woori Bank plans to strengthen company-wide collaboration for new business promotion and spread a culture of challenge and innovation.
Additionally, Woori Bank plans to regularly monitor new business promotion plans and progress. This is expected to secure strategic flexibility in business execution by responding swiftly to market changes. Through reorganizing the strategic investment (SI) process for acquiring new technologies and entering new businesses, it is also anticipated that partnerships with promising startups and strategic alliances will expand.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Hundreds of Billions Stolen with Twin USIMs... 32 Members of Chinese Hacking Group Apprehended
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
President Jo Byung-kyu of Woori Bank stated, “The New Business Promotion Committee will provide the momentum to boldly and swiftly advance strategic alliances with non-financial industries and innovation projects based on new technologies,” adding, “We will continuously discover new businesses to lead future finance and create new and better experiences and values.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
!["Please Help Us": How Much Do Those Bowing 90 Degrees These Days Actually Earn? [Data Pick]](https://cwcontent.asiae.co.kr/asiaresize/307/2026052010120870131_1779239528.png)
