Daishin Securities said on Monday it has officially appointed Jin Seung-wook (진승욱) as its chief executive officer after approval at its annual general meeting of shareholders and a board resolution.

Jin, born in 1968, graduated from Hanyang University with a degree in business administration. He joined Daishin Securities through open recruitment in 1993 and has worked at the company for about 30 years.

Jin has held key posts across the group, including head of Strategy Support and Corporate Planning at Daishin Securities, head of Corporate Planning at Daishin F&I and chief executive of Daishin Asset Management.

He has played a key role in establishing group strategy and managing the business portfolio by overseeing corporate planning for affiliates, including securities and asset management.

Daishin Securities said it plans to use the reshuffle to speed up its mid- to long-term growth strategy. It expects momentum to build for entry into the top-tier investment bank segment through capital expansion and upgrading its business structure.

Jin said, "I will strengthen business competitiveness and build a stable profit base in response to a rapidly changing financial environment." He said, "I will lead sustainable growth through customer-centric management and stronger risk management."