Korean Dong-Woo Han graduated from Busan High School in 1966. He earned a law degree from the College of Law at Seoul National University in 1970. He began his career at Korea Trust Bank in January 1971.
Dong stayed at Korea Trust Bank for over 6 years then in 1977 joined Korea Credit Guarantee Fund. Having worked at the guarantee fund for almost five years Dong became more pioneering becoming a founding staff member of Shinhan Bank in 1982. Over a year later he was named Head of Planning & Coordination at Shinhan Bank. In February 1986 he was named General Manager of the Jong-No Branch of Shinhan Bank. Just over a year later in August 1987 he was appointed Personnel manager of Shinhan Bank.
Dong became a Director of the bank in 1993. A little less than two years later in February 1995 he became Managing Director of Shinhan Bank. Dong was named Vice President in 1999. Then in May 2002 he was appointed Chief Executive Officer of Shinhan Life Insurance. In May 2007 he was named Vice Chairman of Shinhan Life Insurance. Dong became Chairman & CEO of Shinhan Financial Group in 2011.
The Shinhan Financial Group was founded in 2001. Headquartered in Seoul, South Korea, it has approximately 51,000 employees. Sales are in the region of $20 billion. The group offers commercial and consumer banking related financial and investment services. It operates retail, corporate and investment banking, credit card, wealth management, brokerage, and insurance.
Dong has been pushing for the financial group to expand its business abroad, this includes Indonesia, the Philippines, and Mexico. He has stated that it is hard for the banking sector to advance into other countries according to the policy of each country. So the firm’s strategy is to expand their business in other parts of the consumer finance sector first and later expand it further in the banking sector.
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