Kibo-Korea Appraisal Board, Business Agreement on 'Specialized Audit and Integrity Management'

Conducting Work Exchange for Specialization in Gratitude and Anti-Corruption & Integrity Tasks

Kibo Auditor Park Se-gyu (left) and Korea Appraisal Board Auditor Lee Seong-hoon are signing a "Business Agreement for Audit Specialization and Integrity Management" at Kibo headquarters located in Munhyeon-dong, Busan on the 8th.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced that on the 8th, it signed a "Business Agreement for Audit Specialization and Integrity Management" with the Korea Real Estate Board at Kibo's headquarters located in Munhyeon-dong, Busan.

Through this agreement, both organizations agreed to promote ▲ mutual personnel support for their own audit organizations for cooperative and cross audits ▲ mutual support for vulnerable areas of internal control and exchange of information on excellent areas ▲ sharing of audit findings and exemplary cases of integrity work in their own audits.

With this agreement, the two organizations have established a system that allows organic exchange of audit know-how through personnel exchange and information sharing. It is expected that this will create synergy in enhancing management transparency and fairness in each organization's internal audit activities. Park Se-gyu, auditor of Kibo, said, "Public institutions from different regions and fields will benchmark each other's strengths through this agreement to strengthen audit capabilities and elevate the professionalism and efficiency of audit and integrity work to the next level."

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