IBK Industrial Bank of Korea has reorganised its structure with a focus on strengthening productive and inclusive finance and AI transformation (AX). It also appointed three new vice presidents and 11 heads of departments.

IBK Industrial Bank of Korea said on July 14 it carried out an organisational reshuffle and regular personnel appointments for the second half of 2026.

As part of the reshuffle, it created a new Productive and Inclusive Finance Department dedicated to productive finance and inclusive finance. The department will handle work to supply funds to advanced and innovative companies and support customers’ recovery efforts such as personal debt restructuring. In its investment division, the bank expanded an organisation dedicated to policy projects to strengthen policy finance functions.

It also expanded its organisation for AX. It reorganised its existing digital group into an AX Strategy Group and established a control tower to oversee the formulation and execution of AI strategy. It also reshuffled organisations related to data use and internal control.

In its Corporate and Investment Banking (CIB) Group, the bank consolidated global investment functions that had been spread across several departments to strengthen expertise. In its Wealth Management Group, it will place a Pension Business Headquarters to expand links among wealth management, trust and pension businesses.

It also created a new divisional system to strengthen cooperation among groups. In personnel operations, it delegated some personnel authority to groups and regional headquarters. It plans to have frontline organisations evaluate employees’ performance and capabilities and to conduct separate transfers for employees at team leader level and below, reflecting frontline views in staffing decisions.

The new vice presidents are Eun-ji Jung (정은지), head of the Financial Consumer Protection Group, Dong-woon Lee (이동운), head of the AX Strategy Group, and Kwang-seok Jung (정광석), head of the Global Business Group.

Six branch managers were also promoted to regional headquarters heads. Ju-yeon Lee (이주연), head of the Yeongtong branch, was appointed head of the Gangnam Regional Headquarters, Seong-bae Kang (강성배), head of the Gajwa Industrial Complex branch, was appointed head of the Western Regional Headquarters, and Gil-su Jung (정길수), head of the Yongin branch, was appointed head of the Southern Gyeonggi Regional Headquarters.

Hyun-il Park (박현일), head of the Paju Gyoha branch, was appointed head of the Gyeongdong and Gangwon Regional Headquarters, Seong-cheol Shin (신성철), head of the Pangyo Techno Valley branch, was appointed head of the Chungcheong Regional Headquarters, and Dong-gi Yoo (유동기), head of the Munjeong Legal Town branch, will lead the Social Contribution and Brand Headquarters.

At headquarters, Jeong-hoon Lee (이정훈), head of the General Affairs Department, was appointed head of the Gangdong Regional Headquarters, and Wook Heo (허욱), head of the IT Planning Department, was appointed head of the IT Operations Headquarters. Dong-hyun Lee (이동현), head of the Infrastructure Finance Department, and Seung-woo Hong (홍승우), head of the AX Digital Strategy Department, were promoted to head-of-department level, and Jae-joon Kwon (권재준), senior inspector, was appointed head of the Pension Business Headquarters.