Jung Jin-wan Appointed President of Woori Bank... "'True Internal Control' Must Be Established to Build Stronger Trust"
"Reducing Unnecessary Tasks and Communicating with Customers"
Jung Jin-wan, President of Woori Bank, stated at the inauguration ceremony on the 31st, "It must be a 'genuine internal control,' not a formal one, to build stronger trust."
At the ceremony held at the headquarters in Jung-gu, Seoul, President Jung presented three core management policies: trust, customer-centricity, and innovation.
As a measure to strengthen internal control, President Jung said, "We will improve systems and work processes so that employees can reduce unnecessary tasks and have the time and mindset to approach customers."
President Jung also said, "Co-prosperity with customers is the very reason for the bank's existence," adding, "We must think more customer-centric, especially in difficult times."
He further emphasized, "We will boldly change the performance evaluation method from relative evaluation to absolute evaluation to avoid excessive competition and pursue the co-growth of the organization and employees."
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Former President Jo Byung-kyu concluded his term with the farewell ceremony held that day.
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