NPS corp governance committee faucets SNU professor as member


Kim Woojin, a professor at Seoul Nationwide College Enterprise College

A company governance committee of South Korea’s Nationwide Pension Service (NPS), the world’s third-largest pension fund, named a Seoul Nationwide College professor as a member after one in every of its members left final month to assist the ruling Folks Energy get together within the basic election.

Kim Woojin, a professor at Seoul Nationwide College Enterprise College majoring in company governance and control-related points, is about to function a member of the NPS advisory committee for enhancing the system of guidelines, practices and processes by which an organization is directed and managed, in keeping with funding banking trade sources on Monday. He will probably be answerable for the voting rights division within the committee.

Kim has already been a member of the funding coverage committee, which covers the NPS’ asset allocations.

COMPLETION OF NINE-MEMBER COMMITTEE

The company governance committee misplaced a member in January when Kim Gyeong-ryul, an accountant who raised points on the US non-public fairness agency Lone Star Funds’ acquisition of a neighborhood financial institution, resigned to affix the ruling get together’s emergency management committee for the April election.

The appointment of Professor Kim accomplished the nine-member committee chaired by Kim Hwa-jin, a professor at Seoul Nationwide College’s legislation college.

The committee focuses on NPS’ insurance policies on company governance constructions and shareholder rights workout routines. It was based final December to examine and advise on environmental, social, and governance (ESG) associated actions of the Nationwide Pension Fund Administration Committee.

The company governance committee has three divisions – company governance enchancment, voting rights and stewardship code.

Write to Byeong-Hwa Ryu at hwahwa@hankyung.com
 
Jongwoo Cheon edited this text.

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