Yim Jong-ryong, chairman of Woori Financial Group, said on the 16th, "We will manage under an emergency management system for the time being without letting our guard down in the face of the crisis."
On that day, Chairman Yim presided over an emergency meeting on responding to uncertainty in the financial market at Woori Financial's headquarters in Jung-gu, Seoul, and stated, "We will actively prepare group-level response measures in line with the direction of the financial authorities and appropriately operate existing management indicators."
Chairman Yim noted, "Woori Financial's liquidity is at a good level, exceeding the standards set by the supervisory authorities, and we are closely responding to market conditions through meticulous monitoring," adding, "In the future, we will actively cooperate in stabilizing the financial market through close communication with financial authorities." He continued, "Woori Financial will continue to communicate with investors through conference calls, face-to-face meetings, and sending letters to ensure that we are managing key financial indicators, including soundness, stably," and emphasized, "We will also express our efforts to implement the value-up program without any setbacks."
Chairman Yim urged employees to "pay special attention to ensure there are no inconveniences for customers and to respond quickly and actively to customer complaints," and emphasized the need to thoroughly check the information technology (IT) response system to prevent financial accidents, such as voice phishing.
He also stated, "Year-end and New Year corporate events should be held quietly and simply, but the year-end parties at the headquarters and branches should proceed as scheduled to participate in supporting small businesses and self-employed individuals."