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Woori Financial Group is forecast to accelerate its bid for the acquisition of a mid-tier securities firm - either SK Securities, eBest Investment & Securities or Yuanta Securities - under the leadership of the group s new Chairman Yim Jong-ryong, industry officials said Monday. ....
Yim Jong-ryong, a former chief of the Financial Services Commission (FSC), took office Friday as the next chairman of Woori Financial Group under a three-year tenure. He pledged to revamp Woori s corporate culture and enhance the firm s competitiveness by realigning relations between the holding company and its affiliates. ....
Woori Bank launched a consulting service for small and medium-sized enterprises (SMEs) seeking to fulfill environmental, social and corporate governance (ESG) management, Sunday. Corporate clients of the lender can take advantage of the service by accessing Woori s internet banking site for free. The non-face-to-face service was developed as part of Woori s efforts to raise ESG awareness and help more companies jump on the bandwagon. ....
Shinhan Financial Group posted record earnings for 2022 to outperform its rival KB Financial and claim the industry s top position by market capitalization for the first time in th. ....
Woori Financial Group s next chairman nominee Yim Jong-ryong stands to be tasked with a drastic organizational reshuffle and non-banking portfolio expansion if he takes the position, a possibility that could become reality by as early as March. Yim has been nominated as the sole candidate for the position last week to replace outgoing Chairman Son Tae-seung. Woori s decision to nominate the former bureaucrat, however, has taken the flak, as Son was forced to leave the group in response to repeated political pressure from financial authorities. ....