Kibo and Simsa Pyeonggawon Sign Business Agreement for Audit Specialization and Integrity Management

Business Exchange for Specialization in Audit and Anti-Corruption & Integrity Tasks

Park Se-gyu, Auditor of the Korea Technology Finance Corporation (right), and Moon Jeong-ju, Auditor of the Health Insurance Review and Assessment Service, are posing for a commemorative photo after signing the agreement.

[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter referred to as Kibo) announced on the 18th that it has signed a business agreement with the Health Insurance Review and Assessment Service (President Kim Seon-min, hereinafter referred to as HIRA) to specialize audits and promote integrity management.

Through this agreement, the two organizations will collaborate in various areas including ▲ mutual support of internal audit personnel for cooperative and cross-audits ▲ mutual support for vulnerable areas of internal control and exchange of information on best practices ▲ sharing of internal audit findings and exemplary cases of integrity work, aiming to jointly achieve specialization in audit and anti-corruption and integrity tasks.

Going forward, the two organizations plan to establish a system for organically exchanging audit know-how, thereby creating synergy in their respective internal audit activities to enhance management transparency and fairness. Park Se-gyu, auditor at Kibo, stated, "This agreement provides an opportunity for public institutions in different regions and sectors to benchmark each other's strengths, strengthen audit capabilities, and elevate the professionalism and efficiency of audit and integrity work to the next level."

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