Emphasizing 'Leap to a Top-Tier Capital' through Digital Innovation and Group Synergy
Park Kyung-hoon, CEO of Woori Financial Capital, is giving an inauguration speech at the Woori Financial Capital headquarters in Seocho-gu, Seoul, on the 13th.
[Asia Economy Reporter Ki Ha-young] Woori Financial Capital announced on the 13th that it held the inauguration ceremony of its new CEO Park Kyung-hoon virtually.
The inauguration ceremony was conducted with a focus on communication management through videos and messages as it became difficult to meet employees in person due to the novel coronavirus disease (COVID-19).
CEO Park emphasized "group synergy, digital innovation, and strengthening internal capabilities" and expressed his ambition to leap forward as a top-tier capital company. He stated that in preparation for slow economic recovery due to the prolonged COVID-19 pandemic, increased regulations, and fierce competition in the auto finance market, bold and rapid changes and innovations must continue.
He presented three management keywords: ▲ accelerating growth through strengthened linked sales with group companies ▲ enhancing core competitiveness based on digital innovation ▲ securing a foundation for sustainable growth by strengthening internal capabilities.
CEO Park said, "Let us create Woori Financial Capital that creates tomorrow's value through today's innovation," emphasizing the attitude of responding to change and transforming anew, meaning "eungbyeonchangsin" (adaptation and innovation).
CEO Park joined Woori Bank in 1990 and has held positions such as deputy head of the strategic planning team, head of the finance department, head of the corporate sales headquarters at the head office, managing director of the global group, executive vice president in charge of management planning at Woori Financial Group in 2019, and executive vice president of the finance division at Woori Financial Group in 2020. He is regarded as a planning expert who has reviewed and promoted new businesses since his early career and is considered the right person to strengthen Woori Financial's non-bank sector.
As of the third quarter of 2020, Woori Financial Capital recorded total assets of KRW 7.3252 trillion and a cumulative net profit of KRW 80.8 billion on a separate basis. Additionally, after being incorporated into Woori Financial Group, its credit rating rose from A+ to AA-, securing competitiveness in funding.
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