BNK Financial Group announced on July 15 that it has implemented an organizational restructuring for the second half of 2026.
The restructuring focuses on three main areas: strengthening responses to the local economy, localizing environmental, social, and governance (ESG) strategies, and preparing for future finance. The aim is to systematically execute a specialized strategy for the Busan-Ulsan-Gyeongnam (Buul-Gyeong) region and expand productive financial support for key local industries.
As part of this effort, the group will establish a 'Buul-Gyeong Economic Research Team' under the BNK Management Research Institute. This team will enhance the group's management strategy by providing in-depth analysis of the region's industrial and economic trends, serving as a think tank.
Additionally, a 'Buul-Gyeong ESG Strategy Team' will be created to strengthen the connection between ESG strategies and the local community. The team plans to identify ESG tasks related to local issues and expand ESG activities in collaboration with the community, further solidifying its role as a financial group that promotes regional coexistence.
The group will also establish a new system to respond to future finance. An 'AX Task Force' will be created to oversee the implementation of artificial intelligence (AI) initiatives, focusing on AI-driven business innovation and digital transformation. Through a 'Digital Asset Task Force,' the group aims to proactively respond to changes in the financial environment, including payment systems and digital assets, to secure future growth drivers.
The bank subsidiaries will also enhance their support for key local industries. Busan Bank and Gyeongnam Bank will each establish an 'Industrial Finance Strategy Team.' This move is significant as it aims to strengthen the financial role in nurturing the local industrial ecosystem beyond simple loan provision. Busan Bank plans to build a financial support system based on regional value chains, focusing on strategic industries such as small modular reactors, defense, aerospace, and eco-friendly shipbuilding.
Busan Bank will also create a 'Marine Finance Task Force' to secure specialized personnel in marine finance and expand financing for shipbuilding and marine infrastructure projects. The function of technology evaluation will be transferred to the Innovative Growth Finance Division to enhance investment support for ventures and startups.
Gyeongnam Bank will establish a 'Business Succession Support Team' to address the generational transition needs of small and medium-sized enterprises.
A BNK Financial Group official stated, "This organizational restructuring aims to concretize the management strategy for the second half of the year and strengthen the core competitiveness of the regional financial group. We will enhance our research capabilities centered on the Buul-Gyeong region, advance our ESG and AX/digital asset response systems, and expand productive finance for regional strategic industries to realize future finance that grows together with the community."
The restructuring focuses on three main areas: strengthening responses to the local economy, localizing environmental, social, and governance (ESG) strategies, and preparing for future finance. The aim is to systematically execute a specialized strategy for the Busan-Ulsan-Gyeongnam (Buul-Gyeong) region and expand productive financial support for key local industries.
As part of this effort, the group will establish a 'Buul-Gyeong Economic Research Team' under the BNK Management Research Institute. This team will enhance the group's management strategy by providing in-depth analysis of the region's industrial and economic trends, serving as a think tank.
Additionally, a 'Buul-Gyeong ESG Strategy Team' will be created to strengthen the connection between ESG strategies and the local community. The team plans to identify ESG tasks related to local issues and expand ESG activities in collaboration with the community, further solidifying its role as a financial group that promotes regional coexistence.
The group will also establish a new system to respond to future finance. An 'AX Task Force' will be created to oversee the implementation of artificial intelligence (AI) initiatives, focusing on AI-driven business innovation and digital transformation. Through a 'Digital Asset Task Force,' the group aims to proactively respond to changes in the financial environment, including payment systems and digital assets, to secure future growth drivers.
The bank subsidiaries will also enhance their support for key local industries. Busan Bank and Gyeongnam Bank will each establish an 'Industrial Finance Strategy Team.' This move is significant as it aims to strengthen the financial role in nurturing the local industrial ecosystem beyond simple loan provision. Busan Bank plans to build a financial support system based on regional value chains, focusing on strategic industries such as small modular reactors, defense, aerospace, and eco-friendly shipbuilding.
Busan Bank will also create a 'Marine Finance Task Force' to secure specialized personnel in marine finance and expand financing for shipbuilding and marine infrastructure projects. The function of technology evaluation will be transferred to the Innovative Growth Finance Division to enhance investment support for ventures and startups.
Gyeongnam Bank will establish a 'Business Succession Support Team' to address the generational transition needs of small and medium-sized enterprises.
A BNK Financial Group official stated, "This organizational restructuring aims to concretize the management strategy for the second half of the year and strengthen the core competitiveness of the regional financial group. We will enhance our research capabilities centered on the Buul-Gyeong region, advance our ESG and AX/digital asset response systems, and expand productive finance for regional strategic industries to realize future finance that grows together with the community."
* This article has been translated by AI.
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