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Hanwha Life president stresses Korea-UAE financial partnership at Abu Dhabi summit
Kim Dong-won, president and chief global officer of Hanwha Life Insurance, delivers opening remarks at the Global Markets Summit during Abu Dhabi Finance Week 2025, Monday. Courtesy of Hanwha Life Insurance
By Jun Ji-hye
Kim Dong-won, president and chief global officer of Hanwha Life Insurance, emphasized the financial sector’s role in strengthening sustainable cooperation between Korea and the United Arab Emirates, pledging to build a new financial ecosystem by leveraging Abu Dhabi’s advanced infrastructure.
He delivered the remarks Monday (local time) as he opened the Global Markets Summit at Abu Dhabi Finance Week (ADFW) 2025.
“Korea and the UAE have steadily expanded their bilateral ties since 1980, sharing a mindset of transforming crises into opportunities and pursuing long-term, trust-based cooperation,” Kim said. “Finance will be essential to building a sustainable partnership, serving as a catalyst for opportunity and a key driver of innovation.”
Kim, the second son of Hanwha Group Chairman Kim Seung-youn, added that future cooperation is expected to grow in areas such as real asset co-investments, supply-chain finance, cross-border payment system enhancements and digital asset platforms.
Organized by Abu Dhabi Global Market under the patronage of the Abu Dhabi Crown Prince, ADFW is the Middle East’s largest financial event. This year’s theme, “Engineering the Capital Network,” explores how to redesign global capital flows and converge traditional and digital finance.
Hanwha Life is Korea’s second-largest life insurer by net profit. The firm joined ADFW 2025 as a premier partner, along with other Hanwha financial affiliates — Hanwha General Insurance, Hanwha Asset Management and Hanwha Investment & Securities.