Announcements
Subject | New Non-standing Members Appointed to KASB |
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Date | 10 May 2024 |
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New Non-standing Members Appointed to KASB
The Korea Accounting Institute (KAI, President: Han Yi) held its board of directors meeting on 14 February 2024 and announced the appointment of four new non-standing members of the Korea Accounting Standards Board (KASB): Lee-Seok Hwang Professor, Seoul National University Business School Seok Il Jang Former Chief Accountant (Deputy Governor), Financial Supervisory Service Su Jae Jang Audit & Assurance Business Leader, Deloitte Anjin LLC Myung Hee Yeo Chief Financial Officer, LG Uplus The newly appointed board members’ 3-year term begins on 1 June 2024. Career and academic backgrounds of the new board members are as follows: Name Lee-Seok Hwang Company Seoul National University Business School Academic Achievement Ph.D. New York University (NYU) Stern School M.S. Yonsei University Business School B.A. Yonsei University Business School Professional Experience Associate Professor, City University of New York (CUNY) Baruch College Licensed CPA, Korean Institute of Certified Public Accountants (KICPA) Name Seok Il Jang Company Formerly Financial Supervisory Service Academic Achievement B.A. Business Administration, Yonsei University Professional Experience Chief Accountant (Deputy Governor), Financial Supervisory Service Director of the Audit Review Department, Financial Supervisory Service Director of the Corporate Accounting Administration Department, Financial Supervisory Service Member of the Audit Review Committee, Securities & Futures Commission Member of the Accounting Institution Review Commission, Securities & Futures Commission Member of the Ethics Commission, KICPA Member of the Korean Auditing and Assurance Standard Board, KICPA Manager, Samil PWC Name Su Jae Jang Company Deloitte Anjin LLC Academic Achievement B.A. Korea University M.A. Korea University Member of KICPA Professional Experience Audit & Assurance Business Leader in Deloitte Anjin LLC Member of Board in Korea Social Investment Foundation Adjunct Professor, College of Software and Management, Kyonggi University Member of Deloitte Global Advisory Council Leader of Technology, Media & Entertainment in Deloitte Anjin LLC Name Myung Hee Yeo Company LG Uplus Academic Achievement B.A. Kyungpook National University Professional Experience Member of the Accounting Principles Board, Financial Supervisory Service Chief Financial Officer, LG Uplus Executive Director, Business Planning Division, LG Uplus Director, Accounting Division, LG Uplus Team Leader, Accounting / Financial Team, LG Dacom END About the KAI The Korea Accounting Institute (KAI) is an independent private organization established on 1 September 1999. It is an umbrella organization of both the KASB and the KSSB. About the KASB Since its establishment on 1 September 1999, the KASB has been mandated to set and revise accounting standards in Korea. The Board is committed to enhancing the quality of financial reporting by providing high quality accounting standards that are on a par with internationally accepted accounting standards. The KASB consists of 9 board members (2 of whom are full-time) who are professionals from the private sector. About the KSSB Since its establishment on 25 November 2022, the KSSB has been mandated to support setting and revising of sustainability disclosure standards in Korea. The KSSB consists of 9 board members (2 of whom are full-time) who are professionals from the private sector. Press enquiries: Jae-Ho Kim Executive Director Korea Accounting Standards Board Tel: +82-2-6050-0175 Fax: +82-2-6050-0170 E-mail: jhkim@kasb.or.kr Sung-Ho Joo Technical Director Korea Accounting Standards Board Tel: +82-2-6050-0176 Fax: +82-2-6050-0170 E-mail: sung-ho.joo@kasb.or.kr |