Hyundai Motor Securities Appoints Inho, Korea University Professor, as Outside Director

Pursuing Future Growth Engines by Strengthening Digital Capabilities

Inho, Professor of Computer Science at Korea University

On February 27, Hyundai Motor Securities announced that it will appoint Inho, Professor of Computer Science at Korea University and a digital finance expert, as an additional outside director at the 72nd Annual General Meeting of Shareholders to be held on March 26. This is part of their strategy to secure future growth engines by strengthening digital capabilities.

Recently, the securities industry has been facing a rapidly changing digital finance environment, including the institutionalization of security token offerings (STO) and the advancement of artificial intelligence (AI)-based asset management. In this environment, technological literacy for establishing various digital strategies has become a key pillar of management decision-making, which is the main reason behind the appointment of this new outside director.

Professor Inho of Korea University is regarded as one of the top authorities in the fields of digital finance and blockchain. He has served as a member of the Financial Development Review Committee of the Financial Services Commission and as an advisor to the Korea Fintech Industry Association. He graduated from the Department of Computer Science at Korea University and earned a Ph.D. in Computer Science from the University of Southern California. After serving as an assistant professor at Texas A&M University, he currently heads the Blockchain Research Institute at Korea University and serves as a professor in the Department of Computer Science at Korea University. He is recognized for his deep understanding of financial authorities and policy environments related to future financial technologies.

The recruitment of Professor Inho aligns with Hyundai Motor Securities’ strategy to secure future growth engines in the digital finance sector. In fact, Hyundai Motor Securities is focusing on IT infrastructure innovation, including the development of next-generation systems, and is participating in the 'KDX Distribution Platform' led by the Korea Exchange in preparation for the expansion of the STO market. In particular, the company sees STO as a core business for its retail division and plans to discover a variety of investment assets for individual investors.

A representative from Hyundai Motor Securities stated, "Professor Inho possesses unrivaled expertise in the fields of digital finance and blockchain," adding, "Based on his extensive experience and previous service as an outside director, he is expected to make significant contributions to enhancing the company's digital finance capabilities."

In addition, Hyundai Motor Securities plans to propose an agenda at the shareholders' meeting to pay a cash dividend of 370 won per common share. The total dividend will amount to approximately 22.9 billion won, with both the dividend per share and the total payout increased compared to the previous year. As a result of strengthening its shareholder return policy, the dividend payout ratio based on the 2025 fiscal year settlement has increased to 39.7%, exceeding the company's 2025 target payout ratio of 30 to 35% set in its plan to enhance corporate value. The record date for the dividend is March 31.

This content was produced with the assistance of AI translation services.