NH Investment & Securities CEO Jeong Young-chae and employees work in a farm village near Seoul on May 8, 2020. Photo courtesy of NH Investment & Securities

Brokerage house employees work at farm near Seoul

Employees of NH Investment & Securities have offered helping hands to farmers while keeping the government guidelines of wearing masks amid the outbreak of the novel COVID-19 coronavirus.

The Seoul-based brokerage said on May 8 that the company’s CEO Jeong Young-chae and dozens of employees worked at a farm near Seoul on the day.

The corporate social responsibility activities were designed to support a farm village, which is suffering from a lack of hands during the springtime.

Mostly aged farmers in their 60s or 70s work in Korean rural areas, which struggle to find strong laborers. In particular, the COVID-19 woes have aggravated the situation.

South Korea has dubbed as a model case in dealing with the virus, but the country is facing a new crisis about rising infections linked to Seoul nightclubs.

Farmers suffer greatly this year due in no smart parts to the pandemic. We will continue to help them,” NH Securities CEO Jeong said in a statement.

NH Securities was launched in 2006 when Sejong Securities was incorporated into the National Agricultural Cooperate Federation, otherwise known as Nonghyup.

Currently, CEO Jeong is heading the Seoul-based brokerage whose largest shareholder is NH Financial Group. Its stake is 76.09 percent.