[Asia Economy Reporter Junho Hwang] About a month after Korea Investment & Securities implemented a 100% compensation plan for incompletely sold funds, Kim Nam-gu, Chairman of Korea Investment Holdings, made a public appearance. He defined the essence of finance to the approximately 2,800 job seekers supported by Korea Investment & Securities as "the optimal allocation of the limited resource of money to make society happier."
Chairman Kim said this during the recruitment briefing session "TALK ON Hantogether" held at the Korea Investment & Securities headquarters auditorium at 3 p.m. on the 16th. He explained, "We invest, lend, and engage in various financial activities, but if these are allocated in a way that advances society, both the recipients and we benefit greatly, contributing to the happiness of society as a whole."
Kim Nam-gu, who leads not only Korea Investment & Securities but the entire Korea Investment Holdings, defines finance in a way that is interpreted as the holding company pursuing the essence of the 'S' (Social) in ESG (Environment, Social, Governance), which is the most difficult for companies to achieve and be recognized for. As per Chairman Kim's definition, Korea Investment & Securities recently took responsibility for the incomplete sale of funds and returned 100% of the principal to investors. A total of 806 accounts that invested through Korea Investment & Securities received back 158.4 billion KRW.
Chairman Kim emphasized, "Securities companies are currently experiencing the best boom in over 10 years, and an environment has been created where raw material money can be procured abundantly and cheaply, but money is still a limited resource. The goal is to utilize this to invest and contribute to social welfare."
He stated that the company will select talents who share this goal in the current recruitment. Kim said, "Korea Investment & Securities started as a small mid-sized securities firm and has now become a representative securities company in Korea. We are not satisfied with this and strive to develop into Asia's top financial company. We are looking for partners who will challenge this dream."
There was no change in the talent criteria this year compared to last year. However, Chairman Kim emphasized the need for "the right person rather than a good person." He said, "I will see you again in the final interview, but what I am most curious about is why you chose Hantoo and why we should hire you. Don't just say 'I like Hantoo,' but tell me what you like about it. If there are areas to improve, I hope you honestly share what you are not satisfied with."
Chairman Kim has personally met job seekers at recruitment briefings for 19 years, including this event. Among the 2,896 students who pre-registered, 49 representatives from each school participated in person. The rest joined the briefing via Zoom and YouTube live broadcast. Korea Investment & Securities plans to hire around 100 talents through this recruitment.
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