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Finance

Woori Financial Chairman Lim Jong-ryong starts second term with visit to advanced strategic firm

Woori Financial Group Chairman Lim Jong-ryong (임종룡) began his second term on March 23 after being reappointed as CEO at a regular shareholders meeting. He skipped a separate inauguration ceremony and made his first official stop a visit to an advanced strategic company site, signalling an intent to expand productive finance. Lim visited space AI solution startup TelePIX, reviewed its technology development and strategy, and said the group would pursue tailored financial support as it prepares for an IPO.

AI & Enterprise

SBVA invests 126.7 billion won in 2025, to focus on AI and deep tech this year

SBVA said on Jan. 22 it invested a total of 126.7 billion won in 17 companies in 2025. It said 6 of the companies were overseas firms, accounting for about 35 percent of its investment targets, reflecting a larger focus on global markets. SBVA said investment covered areas including AI, robotics, content, commerce and healthcare, and it formed a 150 billion won fund in December, bringing assets under management to 2.9 trillion won.