IBK Securities said on the 30th that it appointed Vice President Choi Gwang-jin as the new CEO and president through an extraordinary shareholders meeting and board meeting held that day.
New CEO Choi Gwang-jin, born in 1965, graduated from Busanjin High School and Korea University's Department of Economics and received an MBA from the University of Iowa in the United States.
Choi, the new CEO who joined Industrial Bank of Korea (IBK) in 1992, is a finance expert who has held key posts including head of strategic planning, head of the Hanoi branch, head of investment finance, head of the western regional headquarters, and head of the corporate and investment banking (CIB) group.
Most recently, as COO and vice president overseeing management at IBK Securities, Choi led synergy projects between the bank and securities arms and took the lead in formulating strategies to expand its position as a securities firm specializing in small and midsize enterprises.
With the appointment of the new CEO as a turning point, IBK Securities plans to make building customer trust its top priority. It aims to secure differentiated market competitiveness by strengthening a management stance centered on financial consumers and providing systematic support for small and venture companies.
At the inauguration ceremony held that day, new CEO Choi Gwang-jin said, "As the only state-affiliated securities firm in the country and a member of IBK Financial Group, we will actively contribute to small and midsize enterprises' fundraising through productive finance," adding, "Based on the trust of customers, corporations, the government, and shareholders, we will strive to make IBK Securities a company that grows together."