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Securities firms’ CEOs striving to stay alive

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  • Published May 4, 2012 8:29 pm KST
  • Updated May 4, 2012 8:29 pm KST

By Kim Tae-jong

CEOs of local securities firms may feel uneasy nowadays as they will have to go through crucial tests to get another term at shareholders’ meetings slated mostly for May and June.

Some are expected to serve another term thanks to handsome performances despite unfavorable market conditions, while others will face a forced exit for disappointing results.

According to industry sources, Hwang Sung-ho of Woori Investment and Securities, Ryu Sang-ho of Korea Investment and Securities and Yoo Joon-yeol of Tongyang Securities are some of the CEOs from top 10 securities firms who are likely to keep their current posts for another term.