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Photo = Kiwoom Securities |
[Alpha Biz=(Chicago) Reporter Kim Jisun] Um Joo-sung, the new head of Kiwoom Securities, stressed that he would keep his promise of a 30% shareholder return rate. In addition, he vowed to achieve the industry's best capital efficiency with an average return on equity (ROE) of 15% over the next three years.
Kiwoom Securities held its 25th general shareholders' meeting at the headquarters of Kiwoom Securities in Yeouido, Seoul, on the 28th. It is the first shareholders' meeting to be held under the leadership of Um Joo-sung.
CEO Um will succeed former CEO Hwang Hyun-soon, who stepped down to take responsibility for the receivables of Youngpoong Paper last year, and was appointed as an in-house director with a three-year term at an extraordinary shareholders' meeting in January this year.
Representative Um first emphasized the enhancement of corporate value in his regular shareholders' meeting greetings.
He also expressed his ambition for ESG activities and overseas expansion.
Meanwhile, Kiwoom Securities appointed Kim Ji-san, Chief Strategy Officer (CSO) and Chief Financial Officer (CFO) Yoo Kyung-oh as new internal directors at its regular shareholders' meeting. In addition, the shareholders' meeting passed the bill to appoint Yoo Kwang-yeol, former CEO of SGI Seoul Guarantee Co., and Chung Joo-ryum, an associate professor of business administration at the University of Seoul, as new outside directors.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
