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NH NongHyup Financial speeds up AI shift, begins building group governance

NH NongHyup Financial Group is moving to build an enterprise-wide AI governance framework as the use of AI expands in the financial sector. It plans to set group-level standards and apply risk management criteria tailored to each affiliate’s work environment. The company aims to complete the framework within this year in line with financial regulators’ AI policy direction. It is also running an enterprise-wide task structure involving relevant departments and plans training, change management, and pilot verification.