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Woori Financial institution CEO Jung Jin-wan speaks throughout a gathering with firm executives at Paradise Metropolis in Incheon, Friday, outlining the financial institution’s administration technique for 2026. Courtesy of Woori Financial institution
Woori Financial institution CEO Jung Jin-wan vowed to slender the hole with rival banks this yr, calling 2026 a vital interval to ship tangible outcomes after laying the groundwork for development, the lender mentioned Sunday.
Jung made the remarks on the financial institution’s 2026 administration technique assembly at Paradise Metropolis in Incheon Friday. The occasion was attended by about 900 executives, together with senior managers, division heads and department managers.
“If 2025 was a yr to construct the inspiration and strengthen our competitiveness, 2026 have to be the yr we show ourselves by efficiency,” Jung mentioned. “If we clearly outline our route and drive actual change within the area, we are able to actually slender the hole with rivals and reshape the market panorama.”
Through the assembly, Jung reviewed the financial institution’s efficiency from the earlier yr and outlined strategic priorities for 2026, urging a shift in gross sales and buyer engagement methods based mostly on the progress made in restructuring the financial institution’s operations.
He mentioned Woori Financial institution plans to reinforce specialised channels in company banking and wealth administration, enhance processing effectivity by synthetic intelligence (AI), and launch pilot skilled consulting facilities centered on assembly the wants of salaried staff and small enterprise house owners.
The financial institution additionally goals to draw extra high-quality company shoppers as a part of a push for productive finance, whereas strengthening on-site gross sales help methods utilizing AI-based instruments, Jung mentioned.
“Prospects are the place to begin,” the CEO mentioned. “Transactions solely occur when clients are current, and income are generated when transactions accumulate. We’ll flip the expanded buyer base into tangible outcomes, together with deposits, loans, cost accounts and retirement pension merchandise, to construct a basis for sustainable development.”
Jung additionally emphasised the significance of sustaining strong inner controls and knowledge safety because the financial institution expands its buyer base and enhances profitability.
“The quicker we develop and strengthen our profitability, the extra firmly we should uphold the basics of belief, together with inner controls and information safety. We’ll apply a zero-tolerance coverage to any violations of fundamental ideas,” he mentioned.
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