DGB Financial Group Introduces First External Director Training Program in the Financial Sector

30 Outside Directors from Affiliates Participate

On the 19th, DGB Financial Group announced that it has conducted a specialized training program to enhance the expertise and competitiveness of outside directors across all group affiliates, marking the first such initiative in the financial sector. The training and education program was established for newly appointed and reappointed outside directors in accordance with the Financial Supervisory Service’s “Model Practices for Holding Company and Bank Governance” prepared at the end of last year.

All 30 outside directors from all affiliates, including DGB Financial Group, DGB Daegu Bank, Hi Investment & Securities, DGB Life Insurance, DGB Capital, Hi Asset Management, Hi Investment Partners, and NewGistock, participated in the training held the day before, and the program will continue throughout the year until November.

The program consists of core thematic education to enhance expertise, liberal arts education to improve work productivity, and refresher courses. Renowned external experts such as professors and lawyers from the industry are invited to provide education on the roles and responsibilities of outside directors, ESG understanding for financial companies, financial ethics and internal controls, internal governance, and risk management, all of which are key governance-related issues in the financial sector.

To build a personal network with leaders from various fields, an insight seminar is held once a month. In June, a summer workshop will be held, including external special lectures and field learning to foster a sense of belonging among outside directors.

Hwang Byung-woo, Chairman of DGB Financial Group, said, “As this is the first collective training for outside directors in the financial sector, we expect advanced global-level governance modernization through the establishment of a systematic education plan.” He added, “We will strive to increase outside directors’ understanding of the organization by providing clear direction for the education program and link it with the group’s executive development program ‘HIPO’ to make it a best practice in governance in the financial sector.”

On the 18th, Hwang Byung-woo, Chairman of DGB Financial Group, and outside directors of its affiliates received professional training.
[Photo by DGB Financial Group]