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Chairman Kim Nam-kyu, with his compensation alone exceeding 6.3 billion won last year...
Kim Nam-kyu, Chairman of Korea Investment & Securities Holdings, received over 6.3 billion won in compensation last year.
According to the electronic disclosure system, Chairman Kim received 1.428 billion won from Korea Investment & Securities Holdings and 4.896 billion won from Korea Investment Securities last year, confirming a total compensation of 6.324 billion won. Korea Investment Securities is a wholly owned subsidiary of Korea Investment & Securities Holdings, and this earnings structure influenced the overall compensation.
In the same year, Kim Sung-hwan, President of Korea Investment Securities, received a total of 2.937 billion won, and Vice Chairman Jung Il-won received 3.914 billion won. These are considered quite high compensation levels within the industry, and analysts believe this is related to the company’s strong performance, which led to relatively high performance bonuses.
Additionally, two deputy heads of the Private Banking Center at Korea Investment Securities received 4.027 billion won and 1.876 billion won respectively, with performance bonuses several times their base salaries, drawing attention. This reflects the importance of the private banking sector in the financial industry and the center’s performance.
Such annual salary structures are linked to the growth of financial holding companies and operational performance, including investor protection. The future compensation system of Korea Investment & Securities Holdings and the securities industry as a whole is closely watched. While high industry compensation can reflect competitiveness, adjustments may be necessary based on public opinion and changing economic conditions.