Hana Financial Group will begin its relocation to Cheongna on September 11. Starting with Hana Financial Holdings, approximately 2,200 employees from 10 affiliates, including Hana Bank, Hana Securities, and Hana Card, will gradually move to the group's headquarters in Cheongna International City, Incheon, by the end of the year. This marks the culmination of a long-term project that began with the vision for Cheongna Hanadream Town 14 years ago in 2012.
According to the financial sector on September 10, Hana Financial will officially commence the relocation of its headquarters on September 11. The move will not occur all at once; instead, it will take place in phases according to the schedules of each affiliate and department, continuing through the end of the year.
Once the legal headquarters is relocated next month, Hana Financial will become the first among South Korea's top five financial groups to have its headquarters outside of Seoul. The group plans to consolidate its capital, personnel, and financial capabilities in Cheongna to enhance decision-making speed and strengthen collaboration among its affiliates, including banking, securities, cards, and insurance.
The relocation will occur in stages based on the schedules of each affiliate and department. Hana Financial aims to complete the move by the end of the year, considering operational continuity and the working conditions of each organization.
The vacated office space in Seoul will not remain empty. Hana Financial plans to reorganize its affiliates and teams currently scattered across various locations in Seoul into the new space created by the move to Cheongna, thereby improving operational efficiency.
The group's top executives will also have their workspaces established in Cheongna. A Hana Financial representative stated, "Chairman Ham Young-joo's office will also be set up in the Cheongna headquarters, although a specific timeline has not yet been determined." With the chairman's office moving, the focus of major decision-making within the group is expected to gradually shift to Cheongna.
To support employee commuting, Hana Financial will expand its shuttle bus services. Currently, shuttle buses are operating for IT personnel working at the Cheongna Integrated Data Center. In line with the headquarters relocation, the group plans to gradually increase the service area and vehicle capacity based on existing routes, and it will also consider adding new routes as the number of relocated employees becomes clearer.
An official event to announce the Cheongna relocation will also take place. Hana Financial is set to hold an opening ceremony for the Cheongna headquarters on October 2, with up to 250 attendees, including government officials and group employees. The event will outline the group's growth strategy, future vision, and plans for co-prosperity with the Incheon region.
Hana Financial estimates that the economic impact of the relocation over the next decade will reach approximately 3.4 trillion won. The direct and indirect job creation effect is expected to be around 15,000 jobs, with an anticipated increase in tax revenue, including corporate local taxes, local income taxes, and acquisition taxes, amounting to about 420 billion won.
A Hana Financial representative remarked, "Incheon is growing into an international business hub where global companies gather, thanks to Incheon International Airport and Incheon Port. Once the Cheongna headquarters relocation is completed, it will enhance the group's operational efficiency and collaboration among affiliates while establishing a foundation for long-term growth with the Incheon region."
Next month, Hana Financial will also move its legal headquarters from Seoul to Incheon. Once the registered address is changed to Cheongna, the transition to the 'Cheongna era' for Hana Financial will be officially recognized.
* This article has been translated by AI.
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