Chairman Park Hyun-joo of Mirae Asset Visits India to Present Global Strategy

Mirae Asset announced on the 12th that it held a 'Group Vision Declaration Ceremony' locally in India to expand its role in the Indian financial services sector. The event was held under the theme 'Shaping the Future Together.'

Chairman Park Hyun-joo attended the 'Group Vision Declaration Ceremony' held to mark 100 days since Mirae Asset's India branch acquired Sharekhan Securities, and took a commemorative photo with about 350 key executives representing approximately 3,800 Indian employees, including 133 local branch managers. Photo by Mirae Asset Securities

Commemorating 100 days since the acquisition of Mirae Asset Sharekhan, the event held in Mumbai, India, was attended by Chairman Park Hyun-joo, Global Strategist (GSO), who celebrated Mirae Asset Sharekhan joining the Mirae Asset global family and shared global business strategies and management philosophies.

In his congratulatory speech, Chairman Park urged the strategic combination of Mirae Asset's global financial know-how and Mirae Asset Sharekhan's local network to jointly create a dynamic and innovative Indian financial ecosystem. He also emphasized the mission of prioritizing customers and the importance of differentiated financial solutions and services.

Mirae Asset Securities is evaluated to have established a growth foundation to actively expand comprehensive asset management business in the Indian market through the acquisition of Mirae Asset Sharekhan.

In line with this, Mirae Asset plans to continuously discover investment opportunities in highly technological local companies and startups in India and rapidly enhance its corporate finance (IB) competitiveness. It also aims to provide innovative financing solutions tailored to the evolving Indian investment environment to institutions, realizing the investment principle that investing in unique and innovative technologies increases value.

Additionally, Mirae Asset plans to develop investment solutions actively utilizing artificial intelligence (AI) technology to provide personalized asset management services to rapidly individualizing customers and build a digital platform to introduce India-related financial products and services to global clients.

Chairman Park said, "Mirae Asset is a global investment specialist group currently operating in 19 countries, managing assets under management (AUM) exceeding 600 billion dollars (approximately 870 trillion won), making it a global leading financial group. Let us create success and growth together for the Indian corporation with trust, innovation, passion, and dedication to customers."

After completing the acquisition of Mirae Asset Sharekhan, Mirae Asset India has secured about 5.2 million customer accounts on an integrated basis and possesses a strong local network including over 130 branches and approximately 4,400 business partners. Going forward, it plans to continuously expand its asset management business focusing on wealth management (WM) and investment banking (IB), aiming to become the fifth-largest securities firm in India.

This content was produced with the assistance of AI translation services.