Mirae Asset Group Executes Organizational Restructuring... 'Generational Change and Establishment of Clear Compensation System'

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Mirae Asset Group announced a major organizational restructuring and executive appointments on the 25th, focusing on 'Global, Wealth Management (WM), and Digital.' This follows the generational shift in top management, including the recent departure of Chairman Choi Hyun-man, a founding member of Mirae Asset Securities, and the first generation of professional managers from frontline roles.

To advance Mirae Asset Securities as a global top-tier IB, Lee Jung-ho, Vice Chairman, was appointed CEO of the Hong Kong branch, and Han Hyun-hee, Executive Director, was named head of the Global Biz division. The WM business will be led by Vice Chairman Heo Sun-ho. Additionally, Vice President Ahn In-sung was appointed to lead the Digital division, and Executive Director Noh Jeong-sook was appointed head of the Operation division, strengthening expertise across each business area.

A Mirae Asset Securities official stated, "This personnel move was carried out to strengthen global business, actively promote innovation in WM and digital transformation, and enhance professionalism and independence. Based on a dynamic and horizontal organizational culture, we actively selected young and female leaders. Mirae Asset Group plans to establish a clear performance-based compensation system, valuing outstanding talent who contribute to the company's development and aiming for continuous growth."

Mirae Asset Global Investments appointed four co-CEOs to strengthen global business and future innovation growth. Vice Chairman Choi Chang-hoon was appointed as the head of the Alternative Investment division, and Vice Chairman Lee Jun-yong was named head of the Asset Management division to enhance ETF and AI robo-advisor management services. President Kim Young-hwan will serve as the head of Innovation and Global Management to facilitate smooth collaboration with overseas subsidiaries and ETF management affiliates and expand the global network. Vice President Lee Byung-sung will lead the Marketing division, aiming to strengthen competitiveness in WM, pension, and ETF marketing. The organization was restructured from five co-CEOs to four co-CEOs to establish a foundation for efficient business execution.

Mirae Asset Life Insurance focused on generational change, performance orientation, and improving organizational efficiency. Emphasis was placed on strengthening guaranteed insurance capabilities through expanding sales personnel and digital transformation of sales support operations.

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