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. Lim skipped a separate inauguration ceremony and visited an advanced strategic company site as his first official schedule, underscoring his intention to expand productive finance.

The visit was arranged to carry out a management policy of "joint growth of the real economy and finance". That afternoon, Lim visited TelePIX, a space AI solution startup selected for the "Defense Innovation Companies 100" programme overseen by the Defense Acquisition Program Administration in 2025, to review its technology development status and business strategy. He also said the group would pursue tailored financial support for TelePIX ahead of its initial public offering.

Lim said, "It was a meaningful occasion where I could directly confirm the dynamism of advanced strategic industries on the ground." He said it was "an opportunity to reaffirm the national significance of productive finance and the role of finance."

He also presented key strategies for his second term: expanding productive finance, stepping up AX (AI transformation), and strengthening group synergy.

Woori Financial said it plans to pick up the pace on a "Future Shared Growth Project" as a core growth strategy for productive and inclusive finance. It aims in particular to expand touchpoints with companies that are future national growth engines, including advanced strategic industries, and to strengthen financial support, with the goal of contributing to building an industrial ecosystem and boosting competitiveness.

It will also press ahead with group-wide AX. Lim has stressed the need to build an "AI-centred management system" and said earlier this year at a management strategy workshop that "AX is a key standard that determines the financial landscape." Woori Financial plans to accelerate execution of a "Group AX Master Plan" over the next 3 years.

It will also seek to expand group synergy by strengthening non-bank businesses. The group plans to strengthen cooperation among affiliates such as securities and insurance centred on its bank to provide comprehensive financial solutions and increase customer trust. Lim said, "Each subsidiary's competitiveness is Woori Financial's overall competitiveness," stressing group-level cooperation.

Lim also reaffirmed his intention to strengthen internal controls and consumer protection. He said, "Internal controls and consumer protection must not be shaken under any circumstances," adding he would make the next 3 years a time "to build a Woori Financial that we can be more proud of."