IBK Industrial Bank Holds Nationwide Branch Managers' Meeting for Second Half at Regional Headquarters

by Lee Changhwan

Published 25 Jul.2025 12:00(KST)

Updated 25 Jul.2025 13:56(KST)

On the 25th, Kim Sungtae, President of IBK Industrial Bank, is holding a nationwide branch managers meeting at the Incheon Regional Headquarters located in Namdong-gu, Incheon. Photo by IBK Industrial Bank.

IBK Industrial Bank announced on July 25 that it held a nationwide branch managers' meeting. This meeting was organized in line with the philosophy of CEO Kim Sungtae, who values on-site communication, and involved the management team visiting branch locations in person to share the strategic direction for the second half of the year and discuss regional issues.

Visiting the Incheon Regional Headquarters located in Namdong-gu, Incheon, CEO Kim encouraged branch managers who achieved excellent results despite the challenging management environment in the first half of the year and expressed his gratitude to employees who are doing their best in their respective roles.

Kim Sungtae emphasized that expanding support for small and medium-sized enterprises, which are facing difficulties due to increased global uncertainty and a continued decline in economic growth rates, is the top priority for the second half of the year. He also called for IBK Industrial Bank to play an active role as a policy finance institution in supporting government policy directions such as assisting small business owners and fostering high-tech industries.

He then announced four key initiatives to enhance future competitiveness amid the rapidly changing financial environment: strengthening non-interest income competitiveness, diversifying the asset portfolio, expanding the global network, and accelerating digital transformation. In particular, he called for company-wide digital integration, not only through the development of innovative products and services but also by transforming the way employees work, to lead digital finance.

He further stated that the lifeblood of the financial industry is trust, emphasizing the importance of thorough risk management and strengthening internal controls.

Kim stated, "The power to drive change and deliver results ultimately comes from execution in the field," and urged, "Do not be bound by procedures or formalities, but communicate quickly and connect rapidly to practical actions to lead the market."