Shinhan Securities Restructures for Stronger Internal Controls, Launches Note Issuance Unit

Shinhan Investment Corp. announced Thursday it will implement an organizational restructuring effective January 1 to achieve sustainable growth together with its customers.

The restructuring focuses on strengthening the company's internal control framework. To proactively respond to expanding financial consumer protection requirements, the company will establish a new Consumer Support Department and elevate the Operational Risk Management Team to a full department, raising the level of internal controls related to operational risk.

To support the successful implementation of a next-generation system being developed for a complete overhaul of its error-free system, as well as stable operation of existing systems, Shinhan will consolidate all company-wide ICT development organizations into a single ICT Development Department. The company will also establish a Strategic Planning Division and Management Support Division to strengthen organizational management functions.

Another key feature of the restructuring is building a foundation to secure leadership in future markets while enhancing execution capabilities for artificial intelligence transformation (AX) and digital transformation (DX). The company established an IB Comprehensive Finance Department directly under the CIB Division to execute productive finance initiatives. It will also create a Comprehensive Finance Management Department as a dedicated note issuance unit responsible for supplying venture capital. An AX Division will be established as a dedicated unit to strengthen capabilities in artificial intelligence and digital assets.

Additionally, Shinhan will strengthen its wealth management business structure centered on the Shinhan Premier brand. The Wealth Management Division will be renamed the Shinhan Premier Division, with plans to provide differentiated customer experiences through the Shinhan Premier brand. The Shinhan Premier PWM Division will be reorganized under the Shinhan Premier Sales Group to pursue integrated sales strategies across wealth management channels and enable efficient organizational management, with business planning units to be consolidated.

"This organizational restructuring is aimed at achieving sustainable growth together with our customers," a Shinhan Investment Corp. official said. "We will firmly establish ourselves as Shinhan Investment Corp.—a company with strong internal controls, a solid customer base, and a leading position in the future."