Next Securities Transitions to Sole CEO System Under Seungyeon Kim

• Strategic move to accelerate new MTS development and retail business expansion

Next Securities announced that it will transition to a sole-CEO system under Seungyeon Kim.

This decision is a strategic step to accelerate the development of the company’s AI- and content-driven mobile trading system (MTS) and to further expand its retail business. Drawing on his experience leading retail growth at Toss Securities as well as global platforms such as Youtube and TikTok, Kim will spearhead the launch of the new MTS and drive retail innovation at Next Securities.

Former co-CEO Byungjoo Rhee will continue to support Next Securities’ growth through BankStreet Private Equity(PE), the company's largest shareholder. Rhee, who founded BankStreet PE, became CEO of Next Securities in October 2020 after Bankstreet PE acquired the company in 2019. Under his leadership, Next Securities registered as a licensed broker for professional investors, launched its investment banking division, and transformed its business from a derivatives-focused brokerage into a full-service securities firm. Since 2023, the company has achieved profitability for two consecutive years, significantly improving its financial performance.

Commenting on the leadership transition, Kim said, "Under Rhee’s leadership, Next Securities built a stable business foundation and successfully established its brokerage operations. Looking ahead, we will challenge the market with a new AI and content-driven platform nd create momentum for growth by building synergies between our existing and new businesses.”

Reviewed and Approved by Compliance Officer, Next Securities. Approval No. 2025-018. (Valid from 2025.07.31 to 2026.07.30)