Mirae Asset Securities said Thursday that Park, previously a senior investment reviewer at Mirae Asset Venture Investment, was reassigned through a personnel reshuffle the previous day.
Beginning this year, he will work in the proprietary investment (PI) division, which focuses on investments in new-growth industries and innovative companies.
Born in 1993, Park majored in economics at Washington University in St. Louis. After graduating, he worked as a project manager at game developer Netmarble starting in 2020. He joined Mirae Asset Venture Investment in 2022, where he led startup deal sourcing and investment execution, including a secondary-share investment in apparel brand Andar, according to industry sources.
His move to Mirae Asset Securities — widely regarded as the group’s core operating arm — has fueled market speculation that preparations for a future management succession may be gaining momentum.
A Mirae Asset Securities official, however, downplayed such interpretations, saying the reassignment reflects Park’s professional background rather than a governance shift.
“His experience as a venture investor focused on long-term investments in innovative companies will be useful for proprietary investment activities,” the official said, adding that Mirae Asset maintains a professional management system and that the chairman’s children are not expected to take board positions.Speculation over succession has been floated after change in the ownership structure of Mirae Asset Consulting, the holding company at the top of the group’s governance chain, two years ago. Regulatory filings placed Park Jun-beom as the second-largest shareholder of Mirae Asset Consulting after receiving 25,884 shares, or 3.33 percent, from his aunt Park Jung-sun through a gift transaction. His stake rose from 8.19 percent to 11.52 percent, second only to Chairman Park Hyun-joo’s 48.63 percent.
The transfer pushed Park’s mother, Kim Mi-kyung, to third place with a 10.24 percent stake. His sisters, Park Ha-min and Park Eun-min, each hold 8.19 percent, while cousins Song Sung-won and Song Ha-kyung hold 1.37 percent each.
Mirae Asset Consulting sits at the apex of the group’s ownership structure, which runs through Mirae Asset Global Investments, Mirae Asset Capital, Mirae Asset Securities and Mirae Asset Life Insurance.
The group has been making meaningful strides on the global market.
In September, the company's global exchange-traded fund assets have surpassed 250 trillion won ($179.2 billion), reaching 254 trillion won. Its ETFs are now operated across multiple markets, including South Korea, the United States, Canada, Australia and Japan, making Mirae Asset the world’s 12th-largest ETF provider by assets.
Mirae Asset’s global ETF assets have grown at an average annual rate of 37 percent over the past decade, nearly double the global industry average of about 20 percent.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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