Housing Finance Corporation Receives 'Development Institution Award' at Board of Audit and Inspection's Internal Audit Activities Ceremony
Board of Audit and Inspection Receives High Marks for Excellence in Improving Work Methods and Supporting Proactive Administration through Pre-Consultation
[Asia Economy Reporter Park Sun-mi] Korea Housing Finance Corporation (HF) announced on the 9th that it received the Development Institution Award at the '2020 Internal Audit Activity Evaluation Awards' hosted by the Board of Audit and Inspection.
The award received by HF Corporation is given to institutions that have significantly improved their scores in the internal audit activity evaluation category, with seven institutions receiving this award this year. HF Corporation received excellent evaluations in the areas of improving conventional work methods through specific and routine audits, and supporting proactive administration through exemption from penalties and prior consulting.
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Lee Dong-yoon, Standing Auditor of the Housing Finance Corporation, said, "Taking this award as an opportunity, we will further strengthen support for proactive administration to create an environment where the corporation's executives and employees can work with conviction," adding, "We will focus on preventive audit activities to ensure that the corporation becomes a public institution more trusted by the people."
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