Thursday, March 23, 2017

Korea Investment & Securities yusangho President, reappointed 10 successful ... Longest crowned CEO



[Korea goyounghun financial newspaper reporter] yusangho Korea Investment & Securities, and re-elected president of achieving the 10 securities was crowned the longest CEO.

Korea Investment & Securities has 23 days to open the General Shareholders' Meeting voted for the reelection iman yusangho president. This was more the longest title in the youngest CEO CEO.

President Yu graduated from Korea University and Yonsei University College of Education busokgo in Business Administration from Andong. But after iphaeng Hanil Bank in the United States he rose to study the way in a year and a half. After the completion of the Ohio State University Master of Business Administration (MBA) it began life in jeunggwonmaen Daewoo Securities.

He joined in 1986 started Daewoo Securities CEO Yu is known internationally excellent sense while working at the Daewoo Corporation of London seven years since 1992. Since the body Meritz Securities streaming in in 2002 showed a prominence while Dongwon Securities appointed as vice president.

Yu boss has the youngest president up to the title in 2007, then 47 vertical CEO. Let the number of cases of employees embezzlement case occurred last year put chogangsu for financial accidents. Sudan is a moving target issued by the employees who worked more than five years in one spot.

Last year, Korea Investment & Securities is found to achieve excellent performance in the IB division's operating profit of 210 billion won. Two-thirds of the earnings came from the IB.

In total fee revenue jungeseon reap the IB took charge of 140.6 billion won 25.5%. IB is very large reappointment was decided to prepare a draft published work that is newly added to the right people with the assessment that this year might be the founding president of oil.

Last year, conduct a rights offering and Korea Investment & Securities reborn as 4 trillion won of equity securities showed a hosiljeok from 2011 to 2015. The poor market conditions last year were recorded net income of 237.2 billion won and retained the top industry.

If the current capital size of more than 4 trillion won brokerage Mirae Asset is treated, NH Investment & Securities, KB Securities, Samsung Securities, Korea Investment & Securities in the second quarter, including five mega IB plans to realize a more intense competition is expected.

Yu, president of this year, New Year's topic, "including issuing commercial paper work that is newly permitted to grow new business opportunities that occur after the whole pie capital markets in the IB sector," said "to make good use of the network of our Bank and cacao bank new business opportunities and should establish an organic cooperative system, "he has emphasized.

In fact, foreign securities firms are not a few such long-term CEO. In the case of Goldman Sachs and JP Morgan have established a business strategy in the medium and long term perspective. In the case of James dies distant JP Morgan Chase Chairman of the Board has been working as CEO since 2005.

In addition to the president Yu representatives gimhaejun Kyobo Securities, Kiwoom are leading to gwonyongwon representatives, also representatives Meritz securities longevity CEO Yang Securities choehuimun. These results are not too bad out degree views, including the reappointment of the president of this oil will be formed favorable atmosphere in securities reappointment of CEO.

Yu, president for the second term impression, "Together All Power employees for being received for 10 consecutive years jaesinim daily assessment receive the securities industry, and I think the results referred to the company that has a large and growing, I feel a heavy responsibility" and "extra large IB War the year 2017 will begin to be considered a year of new departures, not CEO 11 years, "he said.

After he said "we have the will and capability of mobilizing all employees under a long-term strategy in mind to prepare for the new decade towards Asia's leading investment banks sold nagagetda".



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