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Shinhan Bank President Cho Yong-byoung Pledges to Solidify Status as Leading Bank
Inaugural Words
Shinhan Bank President Cho Yong-byoung Pledges to Solidify Status as Leading Bank
  • By matthew
  • March 19, 2015, 03:15
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Newly-appointed Shinhan Bank President Cho Yong-byoung.
Newly-appointed Shinhan Bank President Cho Yong-byoung.

 

In his inauguration speech on March 18, Shinhan Bank President Cho Yong-byoung emphasized, “I will solidify our status as a leading bank.” 

Cho said, “Through ceaseless innovation, we must create new opportunities and values and maintain the highest level of profitability and soundness.” 

He continued, “I will also play a leading role in synergy creation of the group. I will actively seek win-win measures through the organic cooperation between subsidiaries of the group, and improve the competitiveness of the group’s focused businesses, including future plans, WM and CIB.” 

He also said that he would strengthen the company's global capability and smart banking competitiveness, saying, “While strengthening our existing sales networks in growing markets such as Vietnam and China, I will make inroads into new developing markets which have high growth potential. In the fintech era, I will secure differentiated competitiveness to lead smart finance.” 

Cho added, “While making efforts to develop innovative banking services, which is highly convenient to users, I will secure a dominant position in the online payment market. Through strategic partnerships with ICT companies, I am planning to steadily make new business opportunities.”