Woori Financial Group Chairman and CEO Yim Jong-yong will travel to London next week, engaging in his first overseas investor relations trip after he took office in March. Yim will be one of the members of a delegation led by Financial Supervisory Service (FSS) Governor Lee Bok-hyun, to promote the financial soundness of Korean finance services firms as well as their efforts in digital innovation and improving the environment for foreign investors.
Business leaders have sent congratulatory messages to celebrate the 70th anniversary of The Korea Herald. – Ed. Chey Tae-won, Korea Chamber of Commerce and Industry chairman My sincere congratulations to The Korea Herald on its 70th anniversary. The Korea Herald, then The Korea Republic, was first published to introduce Korean society following the Korean War and to solidify international cooperation. The K.
Business leaders have sent congratulatory messages to celebrate the 70th anniversary of The Korea Herald. – Ed. Chey Tae-won, Korea Chamber of Commerce and Industry chairman My sincere congratulations to The Korea Herald on its 70th anniversary. The Korea Herald, then The Korea Republic, was first published to introduce Korean society following the Korean War and to solidify international cooperation. The K.
The government is bolstering efforts to lift regulations in the finance industry to achieve President Yoon Suk Yeol s vision of a market-driven economy. But at the same time, financial regulators are apparently ratcheting up efforts to bolster their influence on the management of banking groups, fueling skepticism over the government s commitment to serve the interests of financial firms. Concerns are rising over double standards in the Yoon administration s market-driven economic vision as financial authorities have been increasingly targeting bank CEOs at a time when their tenures are close to ending.
Shinhan Financial Group Chairman and CEO Cho Yong-byoung s decision to drop out of the firm s next leadership race, Thursday, is heightening concerns that the banking industry is becoming more susceptible to the government s influence in the appointment of its chiefs. The possibility has been raised of President Yoon Suk-yeol s administration intentionally influencing the industry as the terms for multiple financial services companies chairmen are approaching their ends starting Dec. 31.