Hi Investment & Securities, Final Recommendation of Candidate Seong Mu-yong as New CEO
Final Appointment Through Regular Shareholders' Meeting and Board of Directors on the 28th
Hi Investment & Securities will appoint Sung Mu-yong as the new CEO on the 28th, succeeding President Hong Won-sik, whose term expires this month.
On the 8th, Hi Investment & Securities announced that the Executive Nomination Committee had finalized the recommendation of Sung Mu-yong, former Vice President of Daegu Bank, as the candidate for CEO.
New CEO Sung Mu-yong is scheduled to be appointed as an inside director at the regular shareholders' meeting on the 28th of this month, followed by his final appointment as CEO at the subsequent board meeting. His term will last until the regular shareholders' meeting in March 2026.
The Executive Nomination Committee of Hi Investment & Securities highly evaluated Sung Mu-yong’s broad organizational understanding and communication skills gained through extensive experience in strategic planning, mergers and acquisitions (M&A), human resources, marketing, and public relations at DGB Financial Group and Daegu Bank. They judged him to be the most suitable candidate to resolve current management issues at Hi Investment & Securities and contribute to creating group synergies, thereby promoting company growth, and recommended him as the final candidate for CEO.
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Born in 1963, CEO Sung graduated from Daegu University with a degree in Statistics, earned a master's degree in Real Estate from the same university, and obtained a doctorate in Public Administration from Kyungil University. After joining Daegu Bank, he served as head of the Strategic Planning Department at DGB Financial Group, Vice President of the Strategic Management Division at DGB Financial Group, and Vice President of the Marketing and Sales Support Divisions at Daegu Bank. He played a leading role in establishing DGB Financial Group and contributed to the formulation of the group’s mid- to long-term management strategies and the systematization of subsidiary management frameworks.
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