KB Securities Opens 'Mumbai Office' to Enter Indian Market

KB Securities announced on the 3rd that it held the 'Mumbai Office Opening Ceremony' on the 1st to officially begin its entry into the Indian financial market.

At the 'KB Securities Mumbai Office Opening Ceremony' held on the 1st at the GeoWorld Convention Center in the BKC district of Mumbai, India, (from left) Vinit Desai, Partner at Deloitte India; Noh Jonggap, Head of Overseas Business Division at KB Securities; Raghuveer Kvn, Vice President of Kotak Mahindra Bank; Rohit Kumar, Head of Business Development at the India Stock Exchange; Kim Shin, Head of Global Business Group at KB Securities; Yoo Dongwan, Consul General in Mumbai; Vikram Khaitan, Executive Director of JM Financial; and Kang Jeonghyup, Head of KB Securities Mumbai Office, posed for a commemorative photo.

The opening ceremony was attended by Yoo Dongwan, Consul General of the Republic of Korea in Mumbai, Rohit Kumar, Head of the India Stock Exchange (NSE), and other key domestic and international guests, who congratulated KB Securities on its entry into India.

The event began with an opening address by Kim Shin, Head of Global Business Group at KB Securities, followed by congratulatory speeches from Consul General Yoo Dongwan, Gourangalal Das, Ambassador of India to Korea, and Kim Sunghyun, CEO of KB Securities.

In his congratulatory remarks, Consul General Yoo Dongwan stated, "I am confident that the KB Securities Mumbai Office will become an important bridgehead for expanding investment, capital raising, and various financial cooperation between Korean and Indian companies," adding, "We will spare no effort to support KB Securities' stable growth in the Indian market and to help Korean companies and investors become even more active."

Through a video message, Kim Sunghyun, CEO of KB Securities, said, "By establishing a base in Mumbai, the heart of India's financial market, KB Securities will serve as a forward base for securing deal opportunities such as local mergers and acquisitions (M&A) and equity investments," adding, "We will grow into a strategic bridgehead that connects KB Securities' global business experience with India's growth potential through proactive engagement with major local financial institutions and regulatory authorities."

The KB Securities Mumbai Office is located in Lower Parel, a key area situated between Nariman Point, the traditional commercial center of southern Mumbai, and BKC (Bandra Kurla Complex), the financial hub. The office plans to focus on securing investment opportunities in the Indian financial market in earnest.