Han Young-joo, Chairman of Hana Financial Group, Engages in Talks with Bain Capital to Expand Domestic Investment

Chairman Ham: "Full Group-Level Support to Realize Synergy Between the Two Companies in Various Ways"

▲ On the 17th, at Hana Financial Group Myeongdong Building located in Euljiro, Jung-gu, Seoul, Chairman Ham Young-joo (right) and John Connorton, Bain Capital Global CEO, are taking a commemorative photo.
[Photo by Hana Financial Group]

Hana Financial Group announced on the 19th that it held a CEO meeting with Bain Capital, a global top-tier private equity firm, at the Hana Financial Group Myeongdong Building located in Euljiro, Jung-gu, Seoul.

Hana Financial Group and Bain Capital first connected in 2016 when they collaborated on Bain Capital's first leveraged buyout financing in Korea. Since then, the two companies have maintained a strong trust relationship by successfully closing numerous landmark deals, and Bain Capital has chosen Hana Financial Group as its most important partner to share detailed ideas on domestic investments.

On this day, Chairman Ham Young-joo personally met with Bain Capital’s Global CEO John Connaughton, Co-CEO David Gross, and Korea Representative Lee Jung-woo to engage in comprehensive communication aimed at expanding domestic investments. From Hana Financial Group, Vice Chairman Lee Seung-yeol, Vice Chairman and Hana Securities CEO Kang Sung-mook, and Executive Vice President and Hana Bank IB Group Head Jeon Ho-jin also attended.

At the meeting, Chairman Ham emphasized the solid fundamentals and growth potential of the domestic economy. He also added that Hana Financial Group, as Korea’s leading financial group, is doing its utmost to stabilize the domestic financial and foreign exchange markets amid increasing uncertainties and to create an environment where companies can conduct economic activities stably.

Additionally, the key executives of Hana Financial Group and Bain Capital exchanged in-depth opinions on ▲ the global macroeconomic situation ▲ domestic new investment plans ▲ future new business prospects during this meeting, and both parties agreed to expand the scope of strategic collaboration as core partners in the domestic investment sector.

Chairman Ham stated, "Based on our friendly relationship with Bain Capital, we plan to further strengthen collaborative projects in the domestic market and create new business opportunities in the global market. As a leading financial group representing Korea, we will spare no support at the group level to ensure that the synergy between the two companies can be realized in various ways."

Meanwhile, Hana Financial Group is taking the lead in proactive communication with major overseas financial authorities, central banks, and investors to stabilize the domestic financial and foreign exchange markets. In particular, the group operates a 24-hour response system by monitoring changes in the Korean financial market in countries where the group has overseas operations and establishing response systems with local financial authorities and central banks. The group also maintains close communication with domestic and international investors, centered on the management team including the group CEO and the board of directors.