On January 2nd, Dankook alumnus Il-moon Jung (entered the Department of Business Administration in 1982) took office as President of Korea Investment & Securities Company Ltd. (KIS), a leading financial investment firm in Korea’s capital market. Jung’s appointment made headlines as it bears meaning with him being the first publicly recruited employee to take the chief position of the company.
Since graduating from DKU, Jung joined Dongwon Securities (predecessor of KIS) in 1988 and spent 27 of his 30 years there working in the IB department in charge of investment activities. He has been praised for playing a “leading role in shaping Korea Investment & Securities into a reputable investment bank” and has served as a key executive in the financial sector, holding posts such as the head of the retirement pension department and EVP/head of retail business.
“I’m excited to be president of the company where I first started my career but I also feel responsibility and a sense of obligation to make the company grow,” said Jung in a media interview on January 7th. He added, “I will be more actively out in the field with the thinking that it is where the answer lies,” as he shared his ambitions of taking office.
As the leading subsidiary of Korea Investment Holdings Co., Ltd., Korea Investment & Securities has an asset scale of 43 trillion KRW, 87 branches, 2531 employees, 7 overseas subsidiaries and 3 overseas branches as of the end of September 2018.