KakaoPay Securities Chief Executive Shin Ho-cheol (신호철) has secured a second term and will continue a new phase of management.

KakaoPay Securities said on March 31 it approved Shin’s reappointment at its annual shareholders meeting. His term runs for 1 year through March 2027.

Since taking office in March 2024, Shin has improved the company’s profit structure by upgrading investment services and expanding its financial product lineup. The company achieved its first annual profit since KakaoPay Securities was launched.

With his reappointment, Shin plans to use artificial intelligence to raise work efficiency while focusing on improving service quality.

To that end, the company plans to increase the number of active traders and maximise trading performance by centring on AI-based investment information, a community and Pro Mode, which offers advanced order and asset management functions.

It will also continue to expand its financial products. It plans to broaden the user base for existing products such as pension savings, ISA and funds, while introducing new products such as stock lending and bonds to diversify investment choices.

It will build a hub service that brings together exchange-traded fund investment information to improve investment convenience.

It will also strengthen links between retail personal finance services and investment banking. It plans to broaden investment channels into IB assets and step up synergies between the two business divisions.

“What matters more than headline figures is that users actually get a better investment experience and grow their assets,” Shin said. “We will develop into a platform where people can build assets, with an AI-native shift and user experience innovation as two pillars,” he said.