[New Year's Message] Kim Won-kyu, CEO of Ebest Investment & Securities, "Eliminate Risk Blind Spots"

Emphasis in 2024 New Year's Address
Rising Concerns Over Stock Manipulation and PF Crisis

Kim Won-kyu, CEO of Ebest Investment & Securities. Photo by Ebest Investment & Securities

Wonkyu Kim, CEO of eBest Investment & Securities, emphasized strengthening internal controls and eliminating risk blind spots in his New Year's address on the 2nd.

CEO Kim opened by saying, "It seems we cannot afford to loosen our grip on vigilance even for a moment in 2024," adding, "Predictions about the future business environment are becoming increasingly difficult due to war and the global stagflation crisis, the weaponization of raw materials caused by resource nationalism, and the global economy stuck in a low-growth quagmire."

Kim stated, "While we cannot change the direction of the wind called the market, we can adjust the sails called strategy," and added, "If we base ourselves on strict risk management and use next year's business plans and management goals as our compass, moving forward as one heart and one body, we can overcome any difficulties."

This year, he urged employees to strengthen internal controls and risk management, as recent stock manipulation incidents and project financing (PF) crises have increased anxiety in the securities industry.

CEO Kim emphasized, "Without a solid foundation of risk management, no matter how excellent the performance, it is nothing more than a castle in the air," and stressed, "It is necessary to review all areas beyond the traditionally managed risk areas to establish a sustainable management system."

He continued, "We must reinforce business models that minimize market impact and generate profits that combine stability and sustainability," urging thorough efforts to secure stable profits. He also requested active exploration of new business opportunities reflecting technological trends.

Finally, CEO Kim said, "To accomplish these tasks, we must become a proactive organization," adding, "The fuel of a proactive organization is communication; trust built through active communication must be at the foundation of the organization for growth to accelerate and synergy effects to expand."

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