WorldVest, a global merchant bank, has expanded its Asian business division to pursue investments and banking transactions throughout the Asia region, with a focus on China and South Korea.

Reportedly, Matthew Chung has joined the WorldVest team as its senior managing director of Asia. In this role, he will oversee the development of WorldVest’s presence in this market.

Mr. Chung will be supported by James Kim who has been appointed as managing director of Korea. Mr. Kim will play an integral role in leading business development and deal management activities as well as sourcing investment capital from individual and institutional investors within Korea.

Garrett Krause, CEO of WorldVest, said: We are currently evaluating a number of exciting transactions in Asia and look forward to expanding our capabilities and presence in this important market. We believe Asia, with an emphasis on China and Korea, will continue to be a global business leader for years to come. With the expansion of our Asian business division, and the addition of Mr. Chung and Mr. Kim, we are ideally positioned to capitalize on the tremendous opportunity for WorldVest within the region.”