Milton Kim, the dynamic young CEO of Good Morning Securities, has announced that he is to leave the firm after 12 years of service. This should be a blow to the firm as Kim is widely credited with turning the brokerage around since his appointment as CEO in 1998. In fiscal 1998, the firm made a loss of W130 billion $116.6 million compared with a profit of W204 billion last year.
Good Morning was formerly called Ssangyong Investment and Securities, and was the securities arm of the Ssangyong Group, which is controlled by Kim's family. Milton, one of the younger brothers of the family, was educated in the west and spent much of...
