NH NongHyup Financial Group introduced a “management plan review” for the first time to recheck business plans set early this year and discussed second-half management goals and its 2027 growth strategy.

NH NongHyup Financial said on Aug. 10 it held a “2026 second-half management strategy meeting” on Aug. 7 attended by its chairman, subsidiary chief executive officers and executive officers.

The meeting carried out the group’s first management plan review to reassess plans made at the start of the year. It focused on reflecting findings in strategies for the second half and for 2027 by analysing gaps between the original plans and actual results, the process of responding to changes in the market environment, and areas that fell short and their causes.

Chairman Lee Chan-woo (이찬우) chaired discussions with subsidiary CEOs on profit structures by business division, risk factors and ways to use capital and liquidity.

More specifically, it reviewed execution measures to build a sustainable profit base, including strengthening banks’ core earnings foundations, responding to market volatility in non-bank businesses, managing insurers’ profitability and soundness, and strategically operating surplus funds within the group.

It also discussed the direction of a “One-Firm” push to strengthen group-level capital allocation and cooperation among affiliates. The plan is to move away from business operations centred on individual subsidiaries and link the group’s capital and business capabilities in the process of expanding corporate finance and the customer base.

NH NongHyup Financial plans to use the meeting as an opportunity to advance its management system that links planning, execution, checks and strategy reinforcement. It will also strengthen a method in which the holding company and subsidiary CEOs discuss and execute key management issues together.

Lee said, “A management plan is not something you set once and finish, but something that must be continuously checked and revised in line with environmental changes.” He added, “While raising the competitiveness of each subsidiary, we must connect the group’s capital, customers and business capabilities and turn them into tangible results.”