Daishin Securities, a 'Jongtusa', reorganizes IB division... Strengthening acquisition finance capabilities
Daishin Securities has been designated as a comprehensive financial investment business operator and will engage in acquisition financing that provides corporate loans.
Daishin Securities announced on the 18th that it has established an M&A and acquisition financing division under its IB (Investment Banking) sector and appointed Executive Director Lee Jung-heon, formerly of DS Investment Securities, as the head of the division.
At the end of last year, Daishin Securities was designated as a comprehensive financial investment business operator, enabling it to provide credit to corporations.
With trillion-won scale M&A (mergers and acquisitions) big deals expected this year, demand for acquisition financing is anticipated to grow. Accordingly, the company plans to actively target the market by establishing a new division and recruiting experts.
Executive Director Lee Jung-heon, who joined Daishin Securities, is an acquisition financing expert who has overseen acquisition financing, corporate loans, and M&A advisory services at Woori Investment & Securities and Korea Investment & Securities. He later served as head of the IB3 division at Korea Investment & Securities, head of the Investment Finance division at Shinhan Investment Corp., and head of the IB division at DS Investment Securities.
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At his inauguration ceremony, Executive Director Lee stated, "Based on over 15 years of experience in acquisition financing, I will provide competitive and innovative corporate financial services that keep pace with market changes," adding, "Acquisition financing is an area that creates synergy with various IB products, and I will contribute to the growth of Daishin Securities' IB division."
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