NongHyup Financial to Continue Expanding Global Business

2025 First NongHyup Financial Global Strategy Council Held
Emphasis on First Mover Strategy and Proactive Risk Management

On May 8, NongHyup Financial Group announced that it held the "2025 First NongHyup Financial Global Strategy Council" at its headquarters in Jung-gu, Seoul the previous day, presided over by Vice President for Future Growth, Jongrae Cho.

This meeting was organized to analyze the first-quarter management performance of NongHyup Financial's global business and to reaffirm the group's commitment to achieving this year's profit and loss targets in response to rapidly changing international circumstances and macroeconomic volatility. The group shared each company's core initiatives for the year and decided to respond swiftly to key global business issues through in-depth discussions on the direction of these initiatives.

In particular, the main agenda items included NongHyup Financial's crisis response strategy for its global business and the exploration of new business opportunities, both in preparation for the rapidly changing global landscape and increased financial market volatility following the launch of the second Trump administration in the United States.

Vice President Jongrae Cho stated, "With only a Fast Follower strategy, NongHyup Financial, which entered the global business late, faces limitations in narrowing the gap with leading financial groups. A First Mover strategy must also be pursued." He added, "By strengthening our proactive risk management system and swiftly identifying and pursuing new business and investment opportunities, we must solidify NongHyup Financial's position in the global financial market."

Jongrae Cho, Vice President of NongHyup Financial Group, is presiding over the Global Strategy Council. Photo by NongHyup Financial Group

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