BNK Financial Conducts Organizational Restructuring for H2... Focus on Regional Economy, ESG, and Future Finance

Establishment of Separate Bu-Ul-Gyeong Economic Research and ESG Strategy Teams
Accelerating Digital Transformation Through the AX Promotion Team

BNK Financial Group announced on July 15 that it has reorganized its holding company and major subsidiaries in order to concretize its management strategies for the second half of the year, focusing on execution, and to strengthen the essential role of regional finance.

This organizational restructuring was carried out around three core directions: strengthening responses to the regional economy, localizing ESG strategies, and addressing future finance.

In particular, the main focus was to systematically implement strategies specialized for the Busan-Ulsan-Gyeongnam (Bu-Ul-Gyeong) region and to expand productive financial support for key regional industries.

First, the holding company will establish a "Bu-Ul-Gyeong Economic Research Team" under the BNK Research Institute. This team will strengthen specialized research functions for in-depth analysis of industry and economic trends in the region and will serve as a think tank supporting the group’s management strategy development.

In addition, a "Bu-Ul-Gyeong ESG Strategy Team" will be created within the BNK Research Institute to reinforce ESG strategies and links with the local community.

A new future finance response framework will also be established. The group will launch an "AX Promotion Team" to oversee Artificial Intelligence Transformation (AX) initiatives, thereby accelerating AI-based work innovation and digital transformation. In addition, the "Digital Asset Promotion Team" will proactively respond to changes in the financial environment, such as payments and digital assets, to secure future growth engines.

Bank subsidiaries will also strengthen their functions to support key regional industries. Both Busan Bank and Kyongnam Bank will establish an "Industrial Finance Strategy Team" to formulate industrial finance strategies in line with the ninth-term local government policies. These efforts will focus on strategic industries by region, such as small modular reactors (SMR), defense, aerospace, and eco-friendly shipbuilding, and will build a financial support system based on local value chains.

Busan Bank will set up a "Marine Finance Promotion Team" to secure specialized talent in marine finance and expand business development in ship finance and marine infrastructure finance. In addition, the bank will transfer its technology evaluation function to the Innovation Growth Finance Division, thereby strengthening investment support functions for ventures and startups.

Kyongnam Bank will establish a "Business Succession Support Team" to meet the demand for generational change among small and medium enterprises. This team will offer one-stop services that link succession consulting and financial support, assisting local companies in ensuring stable succession and sustainable growth.

A BNK Financial Group official stated, "This organizational restructure is aimed at concretizing our management strategies for the second half of the year with an execution-oriented structure and at strengthening the core competitiveness of the regional financial group," adding, "We will enhance our research capabilities centered on Bu-Ul-Gyeong, advance our ESG and AX·digital asset response frameworks, and expand productive finance for strategic regional industries to realize future finance that grows together with the region."

This content was produced with the assistance of AI translation services.