Leveraging the Extensive Experience of Retired Personnel
Securing Sustainable Competitiveness and Supporting Employment for Middle-Aged and Older Workers
On July 22, Woori Bank announced that it will rehire former employees from the financial sector in order to leverage their extensive experience in the financial field.
This rehiring initiative will be conducted for support roles in the headquarters departments and in the corporate banking division. The selected candidates will go through a process that includes document screening, an aptitude test, and interviews before being hired.
Within the headquarters departments, rehired employees will be assigned to risk management-focused roles, such as internal control, monitoring, and credit review. The expertise of retired personnel, based on their advanced judgment and deep understanding of financial operations, is expected to significantly strengthen the internal control system.
Additionally, experts who have retired from the corporate banking sector will be rehired to provide 'on-site corporate finance consultations.' Former Woori Bank employees, as well as professionals who have worked at commercial banks, Korea Credit Guarantee Fund, and Korea Technology Finance Corporation, will visit local small and medium-sized enterprises to deliver hands-on financial consulting services. Through these efforts, the bank aims to not only support SMEs and mid-sized companies with financial services but also contribute to revitalizing the local economy.
Furthermore, Woori Bank will operate reemployment training and customized career consulting programs for those who are about to retire and for former employees. By doing so, the bank will provide integrated support for post-retirement career planning, including reemployment at Woori Bank, other financial institutions, and through various other channels.
A Woori Bank representative stated, "This rehiring of retired personnel is a strategic decision that allows us to utilize the long-standing experience of financial sector retirees, both in risk management and sales," adding, "We also expect this initiative to have the effect of extending careers, thereby playing a positive role in ensuring stable career continuity for middle-aged and older employees."
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