NongHyup Financial "Future Insight Competition Concludes... 95% Employee Participation"

NH Nonghyup Financial Group Chairman Kim Kwang-su Holds Meeting with Award-Winning Teams to Encourage Them

On the 25th, at a restaurant located in Jongno-gu, Seoul, Kim Kwang-soo, Chairman of NongHyup Financial Group (second from the right in the photo), is encouraging the team members during a meeting with the award-winning teams of the 'Future Insight Competition'.

[Asia Economy Reporter Park Sun-mi] NH Nonghyup Financial Group announced on the 27th that it has concluded the 'Future Insight Competition' which had been held since early August. The competition was conducted for financial group employees, with 20 teams and a total of 138 participants (95% of all employees).

The Future Insight Competition was inspired by the recommended book suggested by Kim Kwang-soo, Chairman of Nonghyup Financial, titled Amazon Bank is Coming. Reflecting the non-face-to-face trend in the COVID-19 era, teams produced videos which were then uploaded to the company bulletin board. The submitted videos covered various themes such as finance, digital, and culture, and outstanding works were selected through employee voting.

A Nonghyup official stated, “The event, originally started to foster a healthy vacation culture through reading, evolved into an insight derivation competition,” adding, “The participating employees showed a high level of satisfaction.”

At a meeting held on the 25th at a restaurant in Jongno-gu, Seoul, with the award-winning team (Nonghyup Financial Group Risk Management Team), Chairman Kim encouraged, “It is difficult to survive the drastic changes in the financial industry with the same banking model that has been used for decades. Please continue to think deeply as you do now to break the framework of financial business and create business models to become a platform company.”