PwC's Korean member taps new chiefs, creates finance unit

Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a finance division to bolster its leadership in the accounting and auditing industries.

Samil PwC said on Sunday that it has named Partner Hong Joon-ki head of the auditing division, Partner Min Joon-seon as deals unit chief and Partner Lee Seung-ho the leader of its newly-created finance division. The new hires will take effect on July 1.

The nomination is focused on strengthening diversity, industry specialty, business expansion and digital innovation capabilities required for future leadership, Samil PwC Chief Executive Yoon Hoon-soo said.

Hong specializes in global audits and has advisory experience in cross-border mergers and initial public offerings, such as Korean e-commerce giant Coupang Inc.’s listing on the Nasdaq. He joined Samil PwC in 1999 and became a partner in 2012.

Born in 1971, he earned a bachelor’s degree in business administration from Seoul National University.

Min has served as deputy leader of the deals unit and leader of services for family-owned corporations. He has advised on acquisitions, sales, valuations, and spinoffs of Korea’s major firms and financial institutions, such as steel giant POSCO Group and the state-run Korea Development Bank (KDB), since he became a partner in 2010.

Min was born in 1971 and earned a master’s degree in business administration from Korea University.

Lee will oversee Samil PwC’s new unit, the finance division, which will oversee advisory services for banks, insurers and brokerages.

He has led Samil PwC’s digital audits and advised on Shinhan Financial Group Co.’s listing on the New York Stock Exchange (NYSE) in 2003. Born in 1973, he received a bachelor’s degree in business administration from Seoul National University.

In addition to the nominations, Samil PwC appointed 27 new partners in major industries such as defense, biopharmaceuticals, virtual assets and finance and global businesses, including IPOs and mergers and acquisitions.


Write to Han-Gyeol Seon at always@hankyung.com

Jihyun Kim edited this article.