Since the beginning of August, Samsung Securities’ Hong Kong operation has been on an aggressive recruitment drive. It has increased its headcount in equity research and sales to 50 in recent weeks, and its total numbers to 100, compared with just 22 when it formally opened its Hong Kong office in August 2009. Further recruitment will continue until early November.
The regional arm of Korea’s leading securities firm, called Samsung Securities International Samsung, hired Sung June Hwang as chief executive officer earlier this month to drive its expansion. Hwang was previously head of non-Japan equities and head of Asia-Pacific equities distribution at Credit Suisse.
The recent appointments have focused on building Samsung’s...
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