Press Releases
Mondrian AI Appoints New CFO Hyeong Nam-Baek (Ex-Maum AI, Nota) to Accelerate KOSDAQ IPO
2026.06.29.
- Veteran finance and IPO expert, who led successful AI and tech listings, joins the team to spearhead a successful IPO.
- Establishment of overwhelming financial transparency at a public-company level, including the adoption of IFRS and the advancement of internal controls.
- Maximizing corporate value in the market through strengthened strategic IR and enhanced investor communication.
- Establishment of overwhelming financial transparency at a public-company level, including the adoption of IFRS and the advancement of internal controls.
- Maximizing corporate value in the market through strengthened strategic IR and enhanced investor communication.
Mondrian AI, an AI transformation (AX) specialist led by CEO Hong Dae-ui, announced on the 25th that it has appointed Hyeong Nam-baek, a top finance expert in the AI and tech sector, as its new Chief Financial Officer (CFO) to accelerate preparations for a KOSDAQ listing.
Newly appointed CFO Hyeong Nam-baek is recognized as a tech company IPO specialist who has overseen critical operations from IPO preparation to successful listing at various promising AI and deep-tech startups, including Maum AI and Nota. Mondrian AI plans to use his extensive practical experience to oversee all IPO-related tasks, including managing relationships with IPO underwriters, the Korea Exchange, and the Financial Supervisory Service.
Beyond listing preparations, CFO Hyeong plans to build a data-driven financial system to support rapid and accurate decision-making by management. This system will be established through the advancement of financial and accounting management systems, the strengthening of internal controls and internal accounting management foundations, the enhancement of monthly settlements and project-specific management accounting, and the systematization of budget and profit/loss management.
A representative from Mondrian AI stated that the addition of CFO Hyeong Nam-baek will be a huge boost to their IPO push given his deep understanding of AI and deep-tech company characteristics and his actual experience leading KOSDAQ listings. They further expressed their ambition to establish a transparent and systematic financial management system at the level of a listed company and achieve a quantum jump by accelerating their IPO schedule.
Newly appointed CFO Hyeong Nam-baek is recognized as a tech company IPO specialist who has overseen critical operations from IPO preparation to successful listing at various promising AI and deep-tech startups, including Maum AI and Nota. Mondrian AI plans to use his extensive practical experience to oversee all IPO-related tasks, including managing relationships with IPO underwriters, the Korea Exchange, and the Financial Supervisory Service.
Beyond listing preparations, CFO Hyeong plans to build a data-driven financial system to support rapid and accurate decision-making by management. This system will be established through the advancement of financial and accounting management systems, the strengthening of internal controls and internal accounting management foundations, the enhancement of monthly settlements and project-specific management accounting, and the systematization of budget and profit/loss management.
A representative from Mondrian AI stated that the addition of CFO Hyeong Nam-baek will be a huge boost to their IPO push given his deep understanding of AI and deep-tech company characteristics and his actual experience leading KOSDAQ listings. They further expressed their ambition to establish a transparent and systematic financial management system at the level of a listed company and achieve a quantum jump by accelerating their IPO schedule.
