Shinhan Financial Group announced on Mar. 23 that it will adopt introduce a "digital guardian system" under which each group's CEOs directly manage core digital technologies.
Cho Yong-byung, chairman of Shinhan Financial Group, stressed at the group's management meeting on 18 that digital leadership of CEOs is crucial for the group's digital transmission (DT) to succeed.
Chairman Cho selected key digital technologies that are essential for the future, matching the guardian group companies and directing the CEO of the group to become the guardian of the core technologies and lead the business in a leading manner.
In particular, new business models such as AI (artificial intelligence), big data, blockchain, cloud, and other digital core technologies and healthcare have the CEOs of group companies in charge of comprehensive system management support such as finding collaborative tasks and checking business feasibility.
First of all, Shinhan Bank CEO Jin Ok-dong will be in charge of AI, while Shinhan Card CEO Lim Young-jin will be in charge of big data. In addition, Shinhan Financial Investment was chosen as the guardian for the cloud sector, Orange Life for the block chain, and finally, Shinhan Life Insurance for the healthcare sector.