[New Year's Message] Yoo Chang-soo, Vice Chairman of Eugene Securities, "In an Era of Change... We Must Have a Spirit of Challenge and Achievement"

[Asia Economy Reporter Minji Lee] Yoo Chang-soo, Vice Chairman and CEO of Eugene Investment & Securities, emphasized the need for structural innovation and the establishment of a growth-oriented investment model, urging for a ‘Positive Change’ as everything including the economy, society, and culture has changed due to the novel coronavirus disease (COVID-19) in his New Year's address on the 4th.

Presenting ‘Challenge’ and ‘Achievement’ as this year’s key themes, Vice Chairman Yoo stressed the importance of accelerating the acquisition and development of outstanding talent. He stated, “In the past, networks and licenses were important in the financial investment industry, but now capital, credit, and people determine competitiveness, and among these, the core asset is people,” adding, “We will establish a ‘First-class Eugene Talent Development Strategy’ to not only attract talent but also provide various programs to enhance their capabilities.”

He also explained that a differentiated strategy must be pursued to diversify revenue streams. Vice Chairman Yoo said, “Through diverse ideas and proactive investments, we will grow businesses such as overseas stocks and digital platforms to become industry leaders,” and added, “We must grow into a trusted financial company by preventing financial accidents and protecting consumers.”

Lastly, he emphasized the need to create an active and challenging organizational culture. Vice Chairman Yoo explained, “If members set challenging goals and actively expand their roles and responsibilities, they will overcome any environmental changes and competition,” and stated, “We will further strengthen the reward and support system to respond to the ‘challenge and achievement’ efforts made by all employees.”