Woori Financial Group confirmed the shortlist for its next chairman, Friday, with four contenders vying for the leadership of the financial holding firm. The four candidates included Woori Bank CEO Lee Won-duk, Woori America Bank CEO Shin Hyun-seok, former Woori FIS CEO Lee Dong-yeon and former Financial Services Commission (FSC) Chairman Lim Jong-ryong.
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Woori to inject 43 trillion won for Korean New Deal
Posted : 2021-03-01 16:09
Woori Financial Group headquarters in Seoul / Courtesy of Woori Financial GroupBy Park Jae-hyuk
Woori Financial Group will inject an additional 43 trillion won ($38 billion) for Korean New Deal projects and innovative financing by the end of 2025, the banking group said Monday.
The decision was made after Woori Chairman Son Tae-seung hosted a meeting of the committee in support of the Korean New Deal, Friday, to assess the group s efforts to support the government-led development strategy aimed at overcoming the COVID-19 pandemic and transforming the nation s industrial structure.
Last August, the group organized the committee comprised of representatives from its affiliates to devise medium- and long-term plans to support the project. The committee agreed in the latest meeting to accelerate its ongoing efforts.