The National Pension Service said on the 26th that it welcomes Woori Financial's decision to build financial infrastructure, including asset management, banking and insurance, in Jeonbuk State.
This decision by Woori Financial Group is the third after KB and Shinhan Financial released plans to establish the Jeonbuk financial hub in Jeonbuk Innovation City.
Currently, including Woori Bank, the National Pension Service's main bank, more than 200 people are working in the Jeonju area. Woori Financial Group also said it plans to expand the workforce to more than 300 by additionally moving affiliates such as an asset management Jeonju office and hiring marketers.
It also noted that through its own venture startup support program in operation, it will focus on discovering and nurturing Fintech startups based in Jeonbuk, and will establish additional donated-goods sales outlets to support job creation and economic independence for people with disabilities in the Jeonbuk region.
Kim Sung-joo, chair of the National Pension Service, said, "Following KB and Shinhan, Woori Financial Group settling in Jeonju is a signal that Jeonbuk is growing into a financial city specialized in asset management," adding, "We hope Woori Financial will continue to cooperate with the service and grow together."