Key Priorities Include Job Security and Addressing Staffing Shortages

Jeong Wonho, the 21st union chairman leading the Jeonbuk Bank labor union under JB Financial Group, won overwhelming support from union members and secured a third consecutive term.


Jeonbuk Bank’s labor union announced on November 5 that Jeong Wonho, who ran unopposed in the election for the 22nd union chair and vice chair held on November 4, had been elected with 97.53% of the votes in favor. His term will run for three years.

Jeong Wonho, the 22nd union chairman of Jeonbuk Bank.

Jeong Wonho, the 22nd union chairman of Jeonbuk Bank.

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Jeong, the president-elect, is a labor relations expert who has been active in the union for 19 years. He began his union work as the 18th vice chairman, served as the 19th senior vice chairman, and went on to serve consecutive terms as chairman for the 20th and 21st administrations. During his six years as chairman, he pursued job security, improved employee welfare, and organizational culture reform as key priorities.


His strong support in this election is seen as reflecting members’ trust in his union work and his communication with them over the years.


“As I prepared for the election, I could directly feel the interest and support of union members,” Jeong said. “I will honor my pledge to protect more firmly what must be protected and to make the changes that are needed.”


He added, “Drawing on my experience over the past six years, I will take responsibility for the commitments made to union members and work with the 22nd administration to make Jeonbuk Bank a place where everyone can be happy.”


The newly launched 22nd union administration is expected to focus on protecting members’ rights and interests and addressing challenges related to the bank’s sustainable growth.


The new administration’s key priorities include strengthening Jeonbuk Bank’s standing within JB Financial Group; enhancing oversight of management; addressing staffing shortages in sales operations; minimizing job insecurity caused by changes to branch operating strategies; expanding employee benefits; and establishing a fair organizational culture.


In particular, it is expected to focus on minimizing the impact of changes to branch operations in response to shifts in the financial environment on employees’ job security and working conditions, and on addressing staffing shortages on the front lines.



“Jeonbuk Bank has been able to grow into a steadfast pillar of the regional economy thanks to the local community’s interest and support, as well as the employees who have quietly fulfilled their roles on the front lines,” Union Chairman Jeong Wonho said. “We will not rest on our past achievements. We will tackle the many challenges ahead and work together to safeguard both members’ rights and interests and Jeonbuk Bank’s future.”


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