Chairman Kim Seung-yeon also took care of his second son… Visit to Hanwha Life Insurance headquarters

Seungyeon Kim resumed field management after 5 years and 4 months Hanwha (000880)The group’s chairman is the second son, Kim Dong-won. Hanwha Life Insurance (088350) Led by the Chief Global Officer (CGO), he personally visited the headquarters of Hanwha Life Insurance and encouraged its executives and employees.

Previously, on the 29th of last month, Chairman Kim was led by his eldest son, Vice Chairman Kim Dong-kwan. Hanwha Aerospace (012450) R&D Center, Kim Dong-seon, the third son, on the 5th of this month Hanwha Galleria (452260) The vice president visited Hanwha Robotics’ Pangyo headquarters in succession.

According to Hanwha Group on the 26th, Chairman Kim visited Seoul 63 Building, where Hanwha Life Insurance’s headquarters is located, the day before and encouraged executives and employees. Chairman Kim told executives and employees, “The path to innovation in the financial industry is more difficult. However, overseas, starting with life insurance in Vietnam, the company is now seeking to expand its business areas to include non-life insurance and securities in Indonesia. As a result, Hanwha was able to enter a new business area, the banking industry, by investing in local banks in Indonesia,” he emphasized.

Hanwha Life Insurance received about 5.4 billion won in cash dividends from its local subsidiary in Vietnam last March. This is the first case where a domestic insurance company received cash dividends from an overseas corporation. 15 years after entering Vietnam in 2008, this is the first domestic insurance company to achieve a cumulative surplus and pay its first dividend.

Additionally, on the 23rd, Hanwha Life decided to invest in a 40% stake in Nobu Bank, a local bank in Indonesia, and announced that it would become the first domestic insurance company to enter the banking industry. Hanwha Financial affiliates plan to establish themselves as a ‘global comprehensive financial group’ that includes securities and asset management by advancing beyond the life and non-life insurance business into the banking industry in overseas markets.

Chairman Kim visited the in-house cafe and library, which are most visited by employees in the 63 Building, and had informal conversations with employees. When he met with Carrot Insurance’s MZ generation employees, he also listened to an explanation of the ‘plug’, which records driving data as a core technology of per-mile car insurance.

At the meeting with the players of ‘HLE’, Hanwha Life’s e-sports gaming team, Chairman Kim encouraged them, saying, “Thank you for spreading the name ‘Hanwha’ to the 1030 generation through e-sports.” After wearing the team uniform given to him by the players, he took selfies with the players and willingly responded to requests for autographs.

On this day, as news spread that Chairman Kim had visited Building 63 for field management, the number of employees who gathered in the lobby on the first floor after lunch reached about 200. When Chairman Kim came down to the first floor to leave the 63 Building, the employees cheered him on with loud applause. While I was walking out of the 30-meter-long lobby, I was flooded with requests to take selfies. Chairman Kim also responded to his employees by shaking their hands, and shook hands with each of his employees.

Chairman Kim said to the employees of Hanwha Financial affiliates, “The strong waves of the market will require us to constantly innovate,” and “Based on an indomitable spirit of challenge that will shake up the familiar board without being satisfied with the current performance, we will become a first-class company that no one can surpass.” “Let’s take a leap forward as a company,” he urged.