The Korea Times
Financial holding companies are accelerating efforts to consolidate their scattered affiliates into unified headquarters, aiming to enhance efficiency by speeding up decision-making and boosting synergies through closer collaboration, industry officials said Monday. Hana Financial Group is set to relocate its headquarters from Seoul’s Jung District to Cheongna International City in Incheon by the end of September. The new headquarters, scheduled for completion in June, will have seven basement levels and 15 floors above ground, accommodating around 2,800 employees from its affiliates. Since 2012, the group has been developing its “Hana Dream Town” in the area, completing a consolidated data center in 2018 and opening its training institute, Hana Global Campus, in 2019. The upcoming relocation will mark the completion of the 15-year project. By bringing together the holding company and the planning and strategy functions of key affiliates, Hana Financial aims to generate synergies through greater operational concentration. Shinhan Financial Group is pursuing a similar strategy, cons
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