Gwangju Bank's Management Keyword This Year Amid the '3 Highs (Gogo) Wave'

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank recently held the '2023 First Half Management Strategy Meeting' at the head office KJ Sangsaeng Maru.

At this event, awards were given to employees who achieved excellent performance last year, and outstanding sales cases were shared.

There was also time to reflect on past management achievements and to reaffirm determination for growth through the announcement of this year's key business plans.

Goh Byung-il, President of Gwangju Bank, especially emphasized the need to respond to the side effects of the '3 Highs (High interest rates, High inflation, High exchange rates)' era.

President Goh conveyed a message that aiming for sustainable growth requires focusing on the basics to build fundamental strength that will not be shaken by various challenges.

This year's Gwangju Bank slogan is also 'The New Wave 2023, Challenge KJH,' which means 'Be faithful to the basics, overcome limits, and create a new era.'

It reflects the strong will of the employees and executives to overcome difficult management environments through change and innovation.

Based on this, Gwangju Bank presented its management strategy divided largely into sales, future, and coexistence sectors.

The plan is to secure core sales competitiveness while establishing a profit base through proactive risk management.

They are also rolling up their sleeves to enhance digital channel competitiveness and establish future strategies by increasing the value of overseas businesses.

They showed a strong commitment to expanding the scope of ESG-based social contribution activities to demonstrate social responsibility befitting the representative bank of the Gwangju and Jeonnam regions.

Gwangju Bank plans to approach its goals through ▲ proactive and smart organization ▲ establishment of a capability-centered personnel culture and expansion of talent development ▲ field-centered honest sales, data-driven systematic marketing promotion, and soundness management ▲ fair performance evaluation through responsible management ▲ and a communicative corporate culture.