Hyundai Motor Securities Implements Organizational Restructuring... Strengthening Integrated Risk Management

Photo by Asia Economy DB

[Asia Economy Reporter Kum Boryeong] Hyundai Motor Securities is reorganizing its structure to strengthen integrated risk management.

Hyundai Motor Securities announced on the 30th that it will carry out an organizational restructuring effective from the 1st of next month.

The main purpose of this reorganization is to establish an integrated risk management system. This aims to manage market risk and IT operational risk in an integrated manner, as well as to strategically respond to Digital Transformation.

The existing Risk Management Office and Information Technology Office will be merged and expanded into the Strategic Risk Management Division. The Information Technology Office will be renamed as the BT (Business Techknowledge) Office.

The division will be led by Executive Director Kang Seongmo, who has served as head of risk management since 2016. The new head of the Risk Management Office will be Executive Director Bae Haewon, who previously served as head of the Structured Finance Office within the Investment Banking (IB) headquarters. Executive Director Park Cheolmin will continue as head of the Information Technology Office.

A Hyundai Motor Securities official said, "The rapidly changing digital financial environment, such as the shift of sales channels to online platforms, offers new opportunities but can also act as risk factors. We will strive to enhance customer trust through proactive risk management."

In addition, two new teams will be established in the Corporate Sales and IB Sales divisions to expand sales capabilities.

This content was produced with the assistance of AI translation services.