Next Securities announced on the 14th that it has appointed Choi Hong-min, executive vice president of the corporate management division, and Kim Ki-cheol, executive vice president of external relations, as new internal directors. Next Securities explained that it included internal members on the board to participate in strategic decision-making as its new platform business progresses.
Choi Hong-min, executive vice president, oversees business operations and strategy at Next Securities after working at global consulting firms such as McKinsey & Company and domestic securities companies. Kim Ki-cheol, executive vice president, is in charge of external relations at Next Securities based on his experience in the media.
An official from Next Securities noted, “The appointment of the new internal directors is a measure to strengthen the internal leadership that will drive the company's business expansion,” and added, “The experience and expertise of the two internal directors are expected to play a crucial role in securing the company's growth momentum.”
Next Securities also dismissed Yang Kei-in, an outside director. This was after nine months since his appointment in October of last year, and his original term was until October 2027. Next Securities only stated that the reason for the dismissal was 'due to management judgment.'
An official from Next Securities said, “We decided to dismiss the individual (Yang Kei-in) as it was determined that he could not perform his normal duties as an outside director.”