Daewoo Securities, one of the country's largest brokerage houses, tapped Im Kee-young, former head of IBK Securities, Friday, as its new chief executive officer at a shareholders' meeting.
The 56-year-old, who has worked in the financial sector for almost three decades since the early 1980s, has a proven track record of outstanding performance.
He worked for Bankers Trust and Samsung Securities, and has had stints at the helm of Deutsche Securities Korea as well as the Korean unit of Salomon Brothers.
Most recently, he has headed the newly established IBK Securities since last year. Born in 1953, Im majored in economics at Yonsei University and holds an MBA from George Washington University.
Thanks to his experience in broad-based financial segments both in the local market and abroad, Im has been touted as one of the most prominent investment banking (IB) experts in Korea.
The state-run Korea Development Bank, the largest shareholder of Daewoo Securities, has sought an IB expert to lead financial sector integration.