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South Korean Singer IU: Career, Personal Life, Boyfriend, And More

South Korean Singer IU: Career, Personal Life, Boyfriend, And More
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Hana Financial chief will likely extend term

Hana Financial chief will likely extend term Posted : 2021-02-10 16:34 By Lee Min-hyung Hana Financial Group headquarters in Seoul / Courtesy of Hana Financial GroupHana Financial Group Chairman Kim Jung-tai will likely have his tenure extended next month, as the group needs to pursue stable growth amid uncertainties due to COVID-19. Kim s lack of legal risk also raises the likelihood for a potential fourth term. The financial holding firm s chairman recommendation committee plans to draw up a shortlist by the end of February, and a possible new term for Kim is expected to be confirmed during the group s shareholders meeting slated for March.

Korean banks speed up corporate culture reforms to survive

Korean banks speed up corporate culture reforms to survive Posted : 2021-01-31 15:18 By Lee Min-hyung Korea s financial firms are ramping up efforts to reform their rigid, hierarchical corporate cultures and break away from long-standing conservatism by streamlining their reporting mechanisms as well as abolishing bureaucratic ranks and outside hiring. This is seen as a desperate move to embrace rapidly changing business conditions as digital banking trends have been accelerated by the COVID-19 pandemic. Major banks here identify changing their working environments as a prerequisite, in order to root out their notorious top-down corporate culture and embrace the digital paradigm shift that s taking place in the banking industry.

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