KEPCO Appoints Choi Young-ho as Standing Auditor

Choi Young-ho, Standing Auditor. (Photo by Korea Electric Power Corporation)

[Asia Economy Reporter Moon Chaeseok] Korea Electric Power Corporation (KEPCO) announced on the 9th that it held an extraordinary general meeting of shareholders at its headquarters in Naju, Jeollanam-do, and newly appointed Choi Young-ho, former mayor of Nam-gu, Gwangju, as a standing auditor.

Former Mayor Choi is a figure who has built a political career in the Jeonnam region. Some anticipate controversy over his expertise as a ruling party politician has been appointed to the KEPCO standing auditor position, which had been vacant for the past 10 months. This is because he does not have a notable career in the power industry.

According to KEPCO, Auditor Choi graduated from Gwangju Kumho High School and majored in Trade at Chonnam National University. He served as a member of the 3rd Gwangju Metropolitan City Nam-gu Council, chairman of the Administrative and Autonomy Committee of the 4th Gwangju Metropolitan City Council, and mayor of Gwangju Nam-gu for the 6th and 7th terms. He has also worked as a professional member of the Presidential Committee on Balanced National Development.

In addition, he has held positions such as president of the Gwangju Metropolitan City Bowling Federation under the National Sports for All, director of the Gwangju Biennale Foundation, and director of the May 18 Memorial Foundation.

The KEPCO standing auditor position is known as the "second-in-command" at KEPCO, holding significant authority. The term is two years, with the possibility of renewal on a one-year basis. When announcing the recruitment for the standing auditor, KEPCO set the condition of being an "expert in the power industry or auditing."

KEPCO also appointed former Head of the Technology Innovation Headquarters, Lee Jong-hwan, as a standing director and named him head of the Business Headquarters.

This content was produced with the assistance of AI translation services.