Woori Financial Chairman Sohn launches IR tour in Japan, Hong Kong
Woori Financial Chairman Sohn launches IR tour in Japan, Hong Kong
  • Kim Min-jee
  • 승인 2019.05.21 11:59
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Woori Financial Group Chairman Sohn Tae-seung


Woori Financial Group said on May 20 that Chairman Son Tae-seung will conduct overseas IRs in Japan and Hong Kong for three nights and four days from May 19.

During the IR schedule, Sohn will meet overseas investors such as sovereign wealth funds, global large asset managers and pension funds. He has increased his schedule from the original plan due to a flurry of requests from global investors for a meeting, according to the bank.

In the overseas IR, the first of its kind since the launch of the holding company system, Shon plans to actively communicate with global investors, emphasizing the group's management perfromance that achieved the record-high the first quarter of the year following the 2018 positive performance and the growth of Woori Financial Group through M&A in the non-banking sector. 

By doing so, it can be interpreted that Woori Financial is willing to actively manage its stock price by making efforts to secure new investments as well as maintaining friendly relations with existing investors.

Last year, Sohn conducted overseas IRs in major international financial cities, including  London, Stockholm, Hong Kong and Singapore, explaining his mid- and long-term vision after the transition to the holding company system. This has also contributed to the successful launch of the holding company this year by drawing positive responses from overseas investors.

An official at Woori Finance Holdings said that global investors are increasingly interested in investment, with foreign ownership increasing by more than 2 percent this year, adding that Shon's overseas IR will be a good opportunity to consolidate trust in Woori Financial Group from long-term investors.

Meanwhile, Sohn plans to carry out IR in late August for institutional investors in North America, including the United States. 



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