Shin Young Securities announced on June 19 that it has appointed Kim Dae-il as its new CEO during its regular shareholders' meeting and board of directors meeting.
With this change, Shin Young Securities will transition to a dual leadership structure, with Geum Jeong-ho continuing as co-CEO.
Kim, born in 1968, graduated from Seoul National University with a degree in business administration and earned a Master of Science in Finance from the University of Illinois at Urbana-Champaign. He joined Shin Young Securities in 1999, where he has held various positions, including roles in management strategy, risk management, and management accounting. He later worked in the over-the-counter derivatives division and served as head of asset allocation, head of family heritage and asset allocation solutions, and overall head of wealth management (WM). He was appointed president in March of this year.
Geum, born in 1966, graduated from Yonsei University with a degree in business administration and completed his graduate studies there. He has built his career in investment banking (IB) after joining Shin Young Securities in 2006, following stints at Dongyang Securities, Korea Investment & Securities, and Bridge Securities. He served as the executive vice president overseeing IB until last year and was appointed CEO in March of this year.
Shin Young Securities explained that the new dual leadership structure aims to enhance expertise in corporate finance (IB) and wealth management (WM) while expanding its responsibility management system.
Geum will oversee the IB division, while Kim will manage the WM and client asset management solutions.
The company stated, "This transition to a dual leadership structure is designed to leverage the unique expertise of both CEOs to create synergies and improve decision-making speed. We aim to promote balanced growth in WM and IB while enhancing customer value and solidifying our reputation as a leader in asset management."
* This article has been translated by AI.
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