Mirae Asset Securities’ Vice Chairmen and Co-CEOs, Kim Mi-seob and Heo Sun-ho, will continue to lead the South Korean investment bank and securities firm after securing shareholder approval for another term on Tuesday. Their reappointment is fueled by strong earnings, driven in part by a robust stock market rally.
The two executives were reappointed as executive directors during the company’s annual general meeting, which took place at its headquarters in central Seoul.
Under the established dual leadership structure, Kim Mi-seob is responsible for overseeing global operations, while Heo Sun-ho leads the wealth management division. Jun Kyung-nam, head of the trading business unit, also retained his position as an executive director.
Regarding the board of directors, Song Jae-yong and Seok Jun-hee were reappointed as independent directors. Song Jae-yong will continue to serve as chair. Additionally, Ahn Soo-hyun, a law professor at Hankuk University of Foreign Studies, was newly appointed as an independent director.
Shareholders also approved the company’s financial statements and the proposed dividend payout for the fiscal year 2025.
Mirae Asset Securities reported a consolidated equity of 13.48 trillion won ($9 billion), a pretax profit of 2.08 trillion won, and a net profit of 1.59 trillion won. These figures represent significant year-on-year increases of 70 percent and 71 percent, respectively.
The total shareholder returns for 2025 reached 634.7 billion won, comprising 174.2 billion won in cash dividends, 290.3 billion won in stock dividends, and 170.2 billion won allocated to treasury share cancellations. The company highlighted that the payout ratio, representing approximately 40 percent of net income, reached a record high.
“Leveraging its global network and accumulated expertise, Mirae Asset Securities is committed to strengthening its investments in innovative companies while delivering differentiated investment solutions and value to its clients,” stated a company official.
“The company will strive to ensure that growth in corporate value translates into enhanced shareholder value, supported by a stable earnings base and strong profit-generating capabilities.”
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