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| Hana Financial Group Chairman Ham Young-joo speaks during a meeting with executives and employees at its headquarters in Seoul, Thursday. Courtesy of Hana Financial Group |
Hana chairman unveils new group vision
By Lee Min-hyung
Hana Financial Group Chairman Ham Young-joo has unveiled a new group-wide vision of "All connected in Hana Finance," pledging to build an innovative and trustworthy financial platform.
Under the vision, the company and its affiliates plan to develop their financial platforms focusing on keywords such as trust and innovation, the company said Friday.
The financial holding firm also presented the "O.N.E. Value 2030" as its mid- to long-term growth strategy that places more focus on value-driven growth, rather than external expansion. The O.N.E. refers to Our Value, New Value and Extra Value, according to the company.
"Under the new corporate vision, Hana will offer special experiences to customers' daily lives, and help them connect with a new and prosperous future beyond finance," he said. "Hana should make group-wide efforts to achieve the vision by developing our own innovative platforms and creating new values based on trust."
The new corporate vision came about two months after Ham took office as the new chairman back in late March. He received the green light for a three-year tenure during a regular shareholders' meeting, replacing former Chairman Kim Jung-tai who led the group for a decade.
In his inaugural speech, Ham shared his ambition of transforming Hana into Asia's largest financial group by focusing on expanding its global presence, reshaping non-banking businesses and innovating in the field of digital finance.
At that time, Ham expressed his strong determination to push for aggressive acquisitions in the non-banking sector, in a move to widen its revenue streams into non-banking sectors and reduce its reliance on conventional interest profits from Hana Bank.
After sharing the new vision, Hana also carried out a major organizational reshuffle by expanding its corporate culture team to maximize customer satisfaction, according to the lender.
Hana also established a new business strategy team as part of preemptive efforts to widen its presence in emerging tech areas such as metaverse and blockchain, both of which have become new paradigms in the financial industry amid the rise of digital assets and cryptocurrencies. The new team will focus on expanding the group's partnerships and investments into the new growth areas.
Hana has conducted a series of surveys with its employees and customers and received consulting services from external financial experts and institutions to decide the new corporate vision and growth strategy since June 2021.
