Korea Student Aid Foundation Appoints Professor Lee Seung-cheon of Daesin University as Standing Auditor

[Asia Economy Reporter Han Jinju] The Korea Student Aid Foundation announced on the 15th that it has appointed Professor Lee Seung-cheon of Daeshin University as the new standing auditor.

Standing Auditor Lee Seung-cheon graduated from the Department of Law at Keimyung University and completed the master's and doctoral courses in public law at the same university. He has served as a professor at Daegu Future University, a special member for public communication at the National Balanced Development Committee, a standing member of the Democratic Peaceful Unification Advisory Council, an industry-academic cooperation professor at Kyungpook National University, and vice president of the Korean Law Association.

The standing auditor of the Korea Student Aid Foundation is appointed by the President upon the recommendation of the Minister of Strategy and Finance, selected from candidates recommended by the executive recommendation committee and reviewed and resolved by the public institution operation committee. The foundation may have one chairman, two standing directors, up to twelve non-standing directors, and one standing auditor. The term of office for directors is two years, with the possibility of a one-year extension.

The Korea Student Aid Foundation was established on May 7, 2009, based on the Act on the Establishment of the Korea Student Aid Foundation, and its roles include ▲supporting national scholarships and student loans ▲installing and operating student welfare facilities such as university dormitories ▲raising donations and supporting talent development.

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