Shinhan Life Vietnam appoints new chairman

August 08, 2023 | 17:29

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With the approval of Ministry of Finance Shinhan Life Vietnam Co., Ltd. has appointed Bae Seung Jun as the new chairman of the Members’ Council, cum general director from August 8.

Bae Seung Jun has been with the parent company Shinhan Life Corporation, Korea, since 2008, having almost 15 years of experience in developing marketing strategies for the Korean insurance market, as well as foreign business and international insurance market research and development.

Shinhan Life Vietnam appoints new chairman

Bae Seung Jun, chairman of Members’ Council cum general director

He was also directly involved in the process of building and laying the foundation for Shinhan Life Vietnam from the beginning.

On his inauguration speech, Bae Seung Jun said, “In my new roles, I would like to emphasise three points. First, as a new insurer in the Vietnamese market, Shinhan Life must constantly change and innovate to adapt to the market and promote its existing strengths. Second, we keep on investigating and developing new business models to increase our market competitiveness. Third, Shinhan Life Vietnam will be a business that grows in tandem with the growth of each company employee. We will build a company that everyone can be proud of.”

With his wealth of experience, dynamic spirit, and broad knowledge of the development of the international insurance market, Bae Seung Jun is expected to contribute to promoting Shinhan Life Vietnam to move forward with a new transformation.

With an initial charter capital of VND2.32 trillion ($100.8 million), Shinhan Life Vietnam is entirely invested by Shinhan Life Insurance Corporation. Officially operating insurance business in Vietnam market from January 2022, Shinhan Life provides life insurance, health insurance and financial investment services.

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By Anh Duc

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