DGB Financial-iM Bank, First in Finance Sector to Simultaneously Submit Responsibility Structure Diagram

On the 21st, DGB Financial Group and iM Bank announced that they simultaneously submitted their accountability structure charts to the financial authorities for the first time in the financial sector. This is the second submission in the banking sector, and the first case where a holding company and a bank submitted simultaneously. They explained that preparations, including starting consulting, have been underway since November last year for this submission.

By submitting simultaneously, internal controls are also being further strengthened. DGB Financial added that this reflects the will of Hwang Byung-woo, Chairman of DGB Financial Group, who has consistently emphasized the importance of internal control at both the holding company and the bank since taking office. To ensure efficient implementation of management measures, a separate accountability management system was established to allow internal control inspections and reporting from the department level up to the CEO, as well as to manage employees' inspection activities and improvement measures within the system.

A DGB Financial Group official stated, “We will actively communicate with the financial authorities during the pilot operation process to ensure that the accountability structure chart is stably established.”

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