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| Woori Financial Capital CEO Jeong Yeon-ki speaks during his inauguration ceremony at the company's headquarters in Seoul, July 3. Courtesy of Woori Financial Capital |
By Lee Min-hyung
Woori Financial Capital CEO Jeong Yeon-ki has pledged to consolidate the firm's risk management capabilities for stable growth, after taking office as the new leader of Woori's capital arm.
Starting on July 3, Jeong took on the leadership role at the company, replacing his predecessor Cho Byung-kyu. Jeong said he will place top priority on preemptive risk management and business portfolio diversification in order to achieve its 2023 management goals.
"Woori Financial Capital will become a game-changing blue-chip capital company in the market," Jeong said during a recent inauguration ceremony.
Jeong worked mostly for Woori Bank after joining the commercial lender in 1991. Recognized for his sales and strategy-setting capabilities, he was promoted to vice president of the bank. He handled diverse tasks at the lender, having been in charge of sales strategy, asset management and consumer protection.
Earlier last month, Woori Financial Group recommended Jeong as the next chief of the capital affiliate, citing his broad range of experiences that include loan screening and card business. The group's CEO recommendation committee said Jeong is most qualified to set the mid- to long-term strategy of the capital firm, thereby diversifying its business portfolio.
Jeong has proven his risk management capability while serving as an executive at Woori Bank's asset management group, handling the aftermath of a nationwide fund mis-selling fiasco back in 2020. He also focused on the development of a consumer protection system in the bank's online channel while working as vice president of the lender's consumer financial protection group.
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