Taeyoung Kang, the new president of NH Nonghyup Bank, delivers his inauguration speech at the inauguration ceremony on the 3rd. Photo = Provided by Nonghyup Bank
Kang Tae-young, the new president of NH Nonghyup Bank, announced his intention to strengthen internal control to reduce financial accidents and become a leading digital bank.
At the inauguration ceremony held at Nonghyup Bank’s headquarters on the 3rd, President Kang said, “The formation of a new competitive structure such as digital acceleration and the emergence of Internet banks, the emergence of new technologies such as artificial intelligence (AI) and blockchain, and changes in customer needs are fundamentally changing the financial paradigm.” “As internal and external uncertainty further expands due to the launch of the new U.S. government and domestic political instability, the need for preemptive risk management is becoming more prominent than ever,” he said.
“Finance cannot be an end in itself, but has greater meaning as a means of customer growth,” he said. “We provide customized financial products and services by considering customer value as the top priority, and improve customer experience by resolving customer complaints and problems.” “We will innovate,” he said.
He also emphasized, “We will systematize all processes through business redesign and completely reorganize vulnerabilities to strengthen internal control and achieve zero financial accidents,” and added, “We will leap forward as a digital leading bank through a major shift in the financial paradigm.”
President Kang said, “We will present a new customer strategy that reflects customer contact points that are being reorganized around non-face-to-face platforms, and expand diverse and convenient digital financial services so that finance can naturally infiltrate customers’ daily lives.” He added, “Open innovation, AI, and big data.” “We will improve efficiency and innovation by providing customized services and task automation using new technologies,” he explained.
He continued, “For preemptive risk management, we will establish and manage scenarios for each crisis situation to quickly respond to increased volatility and potential insolvency.” He added, “We will build a foundation for sustainable growth through efficient asset management and improvement of capital adequacy, and focus on corporate finance and WM.” “We will expand professional manpower training and bold investments in future core businesses such as (asset management) and digital,” he added.
Reporter Choi Jeong-seo adien10@segye.com
Source: www.segyebiz.com
