KB Securities said on the 3rd that it held a "Mumbai office opening ceremony" on the 1st to accelerate its entry into India's financial market.
The ceremony was attended by Yoo Dong-wan, consul general of the Republic of Korea in Mumbai, key domestic and foreign guests including Rohit Kuma, head of the India National Stock Exchange (NSE), and others.
The event began with opening remarks by Kim Shin, head of global business group at KB Securities, and featured congratulatory speeches by Consul General Yoo Dong-wan, India's ambassador to Korea Gourangalal Das, and KB Securities CEO Kim Sung-hyun.
KB Securities CEO Kim Sung-hyun said, "KB Securities will establish a foothold in Mumbai, the center of India's financial market, to serve as a forward base for securing opportunities in local mergers and acquisitions (M&A) and equity investments," and added, "Through active exchanges with major local financial institutions and financial authorities, we will grow into a strategic bridgehead that connects KB Securities' global business experience with India's growth potential."
According to KB Securities, the Mumbai office is located in Lower Parel, a strategic area between Nariman Point, the traditional commercial hub in the south, and BKC (Bandra Kurla Complex), the financial center, allowing easy access between financial and commercial districts, and it plans to focus on securing investment opportunities in India's financial market in earnest.