Jin Ok-dong, Chairman of Shinhan Financial Group, stated regarding the corporate value enhancement plan (Value-Up Plan) that “the most important core of enhancing corporate value is faithfully keeping promises made to shareholders and the market.”
According to Shinhan Financial on the 15th, Chairman Jin made these remarks while attending the 'Invest K-Finance' event held jointly by the Financial Supervisory Service, local governments, and the financial sector in Hong Kong for three days starting from the 12th.
Shinhan Financial Group announced on the 15th that Chairman Jin Ok-dong attended the investment briefing session "Invest K-Finance," held in Hong Kong for three days starting from the 12th. At the event, (from left in the photo) Lee Soo-yong, Asia-Pacific Regional Head of Carlyle, Kim Sung-hwan, CEO of Korea Investment & Securities, Ham Young-joo, Chairman of Hana Financial Group, Lee Bok-hyun, Governor of the Financial Supervisory Service, Jin Ok-dong, Chairman of Shinhan Financial Group, and Won Jong-gyu, CEO of Korean Reinsurance, held a meeting. Photo by Shinhan Financial Group
This Hong Kong IR was conducted to communicate with overseas investors about the Korean financial industry and financial companies’ management strategies and corporate value enhancement plans, following Singapore, London, and New York. At the main event held on the 13th, Chairman Jin detailed strategies to revitalize the Korean capital market and future plans in the global market to overseas investors, expressing a firm commitment to the implementation status of Shinhan Financial’s corporate value enhancement plan and the achievement of future goals.
At the Hong Kong IR, when asked about Shinhan Financial’s unique strategy that stands out in the global market, Chairman Jin said, “We are actively utilizing Shinhan’s excellent banking IT along with thorough localization strategies tailored to both emerging and advanced markets,” adding, “We will continue to knock on the global market with meticulous strategies and solid preparations.”
Furthermore, Chairman Jin emphasized that the core of the corporate value enhancement plan is fulfilling promises to shareholders, stating, “Shinhan Financial will make its best efforts with a sense of mission to lead Korea’s corporate value-up programs along with sincere implementation for enhancing corporate value.”
Meanwhile, Shinhan Financial announced the ‘10·50·50 Corporate Value Enhancement Plan’ last July, setting specific achievement targets and deadlines using concrete indicators, and promised to actively meet shareholders’ expectations through a swift and consistent shareholder return policy. Additionally, through the ‘Round Table’ meeting hosted by the board of directors in September, Shinhan Financial has continued active efforts to build trust with shareholders by communicating with major domestic and international investors about the board’s role and concrete execution plans for leading the implementation of corporate value enhancement.
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