Gwangju Bank announced on December 31 that it has carried out an executive reshuffle in conjunction with a headquarters organizational restructuring, newly appointing five Executive Vice Presidents: Kang Jihoon, Kim Honghwa, Kim Wonju, Park Sungmin, and Park Daeha.
This personnel change follows the retirement of five existing executives-Lee Kanghyun, Park Sungwoo, Kim Jaechun, Lim Yangjin, and Kim Eunho. The focus was on placing internal talent with both on-site experience and professional expertise at the forefront, thereby strengthening the organization’s continuity and execution capabilities.
In particular, the bank further enhanced its expertise and diversity by appointing an additional female executive with extensive experience in asset management. As a result, the number of female executives at Gwangju Bank has increased from one to two.
Additionally, the appointment of internal talent with a wealth of practical experience and proven field performance as executives aims to simultaneously ensure organizational continuity and bolster future competitiveness.
Through this organizational restructuring, Gwangju Bank established and reorganized dedicated teams for each business sector, focusing on enhancing work execution and concentration. Key changes include: ▲ Establishment of the New Growth Strategy Division ▲ Expansion of the Investment Banking Division ▲ Establishment of the AI Innovation Department ▲ Integration of the Asset Management Division.
The most notable change is the creation of the New Growth Strategy Division. By establishing a core business unit that integrates strategic lending, asset-backed loans, and foreign financial services, the bank expects to enhance both specialization and management efficiency.
Furthermore, to advance as a specialized investment bank, the Investment Banking Division has been expanded and reorganized. The real estate project finance and non-real estate investment banking teams have been separated, and dedicated teams for acquisition finance, asset-backed lending (ABL), mezzanine, and equity have been strengthened to further improve expertise and risk management across all areas of investment finance.
Alongside this, the AI Innovation Department was newly established to accelerate the AI-First management system. Through a dedicated AI team, the bank plans to expand data- and AI-driven decision-making across all processes-including credit, sales, risk, and compliance-and to serve as a control tower overseeing company-wide work innovation.
To advance the customer asset management system, the Asset Management Division was newly established, integrating card, wealth management (WM), and trust functions. This move is expected to strengthen comprehensive asset management services based on customers’ life cycles, provide tailored financial services, and contribute to the expansion of non-interest income.
Gwangju Bank plans to proactively respond to the changing financial environment through this organizational restructuring and executive reshuffle, and to actively pursue sustainable growth based on a solid growth structure and competitiveness in investment banking and AI.
Ko Byungil, President of Gwangju Bank, stated, "This organizational restructuring and executive reshuffle are not just about short-term performance, but represent structural changes for mid- to long-term growth. We will proactively establish a foundation for future growth, build a competitive regional bank model, and strive to become a bank that grows together with the local community."
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