Hana Financial Group is teaming up with the Financial Supervisory Service (FSS) to cultivate young talent who will lead future financial innovation.
Hana Financial Group said Tuesday that it held a launch ceremony for the "Hana Youth Financial Talent Development Project" at its Myeongdong headquarters in Seoul on Monday, along with a final competition to select participants for the program.
The project is an expanded revamp of the existing "Hana Digital Power On" program. It focuses on nurturing practice-oriented talent by strengthening education in finance, environmental, social and governance (ESG), artificial intelligence (AI), and data analytics.
At the final competition, 20 teams of university student participants competed by presenting financial service ideas utilizing AI, blockchain, and cloud data. The finally selected teams will go through a systematic development program from April to July. Through two months of intensive training, the program will broaden participants' understanding of financial markets and products, ESG finance, and financial consumer protection, while strengthening their capabilities in data analytics and AI system service development. The program will also produce innovative financial service models for socially disadvantaged groups through a hackathon project in collaboration with SK Telecom.
Top performers will receive a total of 30 million won ($22,000) in prize money, and the top three teams will be given opportunities to visit overseas companies. All program graduates will receive preferential treatment when applying for jobs at Hana Financial.
"The future competitiveness of the financial industry depends on how well we cultivate and secure outstanding talent," Hana Financial Group Chairman Ham Young-joo said. "I hope they will become core talents who are recognized and active across Korea's financial industry."
