New Semester, Suhyup Bank President: "We Will Grow into a Bank with Solid Foundations and Future Preparedness"

Sharing the Five Major Management Goals Including Internal Management

Shin Hak-gi, CEO of Sh Suhyup Bank, presented five key management goals to leap forward as a "solid bank preparing for the future."

On the 3rd, Shin announced this in his New Year's address. He described this year as a period where uncertainty and change coexist, stating, "The domestic and international economies remain unstable, and the financial industry's paradigm is rapidly changing due to accelerated digital transformation." He also emphasized the need to prepare for new challenges and create opportunities by differentiating Sh Suhyup Bank's unique strengths.

For this year's management goals, Shin proposed a "solid bank" and a "bank preparing for the future." He shared five key management objectives to achieve this. First, he spoke about practicing sound management to strengthen the bank's fundamentals. He stressed the importance of focusing on diversifying the portfolio, improving the funding structure, and enhancing productivity through business process improvements. He also highlighted the need not to overlook strengthening credit screening and audit capabilities to improve soundness.

He also emphasized value management. He announced plans to expand financial services that align with the bank's identity, such as launching new fisheries finance products and actively supporting policy finance. He proposed practicing future management by solidifying capital through strengthened risk management capabilities and continuously investing in digital and information technology (IT).

Lastly, he emphasized differentiated management by presenting unique products and services exclusive to Suhyup Bank, and trust management by creating a reliable organizational culture based on communication between the bank and its employees.

Shin said, "The sea sometimes appears calm but also tests us with rough waves," adding, "Within it, there are always new paths and possibilities." He concluded, "Suhyup Bank will steadily advance this year through new challenges and opportunities without wavering."

New Semester Sh Suhyup Bank President. Photo by Sh Suhyup Bank

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