Phnom Penh: 03 April 2026 – Woori Bank (Cambodia) Plc., a leading commercial bank in Cambodia and a member of the Woori Financial Group, is pleased to announce the appointment of Mr. Ju Sug Kang as the Bank’s new Chief Executive Officer (CEO). The appointment has been officially approved by the National Bank of Cambodia (NBC), effective from February 26, 2026.

Mr. Kang brings more than 28 years of extensive banking experience from Woori Bank Korea, where he has built deep expertise in global strategy, human resources, training, and organizational development. His leadership roles have spanned multiple international operations within the Woori Bank network, including key responsibilities at Woori Bank China, giving him strong insights into both regional and global banking trends. His proven ability to manage complex banking functions and lead strategic transformation initiatives positions him exceptionally well to guide Woori Bank (Cambodia) Plc. into its next phase of growth and digital finance advancement.

As CEO, Mr. Kang will oversee strategic direction, operational excellence, and long‑term expansion efforts, building on the bank’s commitment to delivering trusted, customer‑centric financial solutions across Cambodia.

CEO Commitment to 2026 Strategy

As part of his vision for 2026, Mr. Kang emphasized his commitment to strengthening Woori Bank (Cambodia) Plc.’s customer‑centric transformation. He highlighted that the Bank will prioritize sustainable, high‑quality lending practices to ensure long‑term financial stability for clients. Mr. Kang also pledged to optimize the Bank’s internal funding structure so customers benefit from more competitive and value‑driven financial solutions. In addition, he reaffirmed his focus on improving the digital banking experience and streamlining customer journey through high service quality. Central to his commitments is the Bank’s dedication to maintaining rigorous credit portfolio standards, ensuring a secure, resilient, and trustworthy financial environment for all stakeholders.

CEO’s Remarks

Speaking on his appointment, Mr. Ju Sug Kang expressed gratitude and reaffirmed his commitment to customers:

“I am deeply honored to lead Woori Bank (Cambodia) Plc. As one of the safest bank, we will now take a leap forward to become a truly great bank. During a transformative period for both the bank and the Cambodian financial sector, our priority in 2026 is simple yet powerful — to place customers at the heart of every decision we make. We will strengthen the quality of our lending, ensuring service quality and speed through innovation, and deliver streamlined digital experiences that foster customer’s journey and convenience. Together with our dedicated team, I am committed to building a safer, smarter, and more inclusive financial future for all our customers across Cambodia.”

About Woori Bank (Cambodia) Plc.

Woori Bank (Cambodia) Plc. “Woori Bank” has achieved significant milestones throughout its 30‑year journey in Cambodia. Beginning with a funding program in 1990, the institution received its official license to operate as a microfinance institution in 2004. It later advanced to a micro‑deposit‑taking financial institution in 2011 and expanded its nationwide presence through a merger with Woori Finance Cambodia Plc. in 2020.

In November 2021, the NBC granted Woori Bank a commercial banking license, officially launching its operations as a full‑fledged commercial bank in January 2022. This transition enabled the Bank to offer a comprehensive suite of commercial banking products and services to customers across the country.

As of December 2025, Woori Bank operates 140 branches nationwide, employs more than 3,400 staff, and serves over 551 thousand customers. The Bank reports a total asset value of USD 1.3 billion, a loan portfolio almost USD 1 billion, and customer deposits reaching USD 739 million.

Woori Bank is fully owned (100% stake) by Woori Bank Korea, the parent company with 24 countries of global networks and 466 branches worldwide. Woori Bank Korea is an affiliate of Woori Financial Group with total asset as of Dec 2025, 462.7 billion USD and stable credit rating (A+ by S&P, A1 by Moody’s, A by Fitch and AAA – the highest grade in Korea).

“Woori Bank, Your Smart Choice in Finance!”