GS Home Shopping Appoints Yoon Jong-won, Certified Public Accountant, as First Female Outside Director

[Asia Economy Reporter Yuri Kim] GS Home Shopping announced on the 30th that it appointed certified public accountant Yoon Jong-won as a female outside director and audit committee member through last week's regular shareholders' meeting.

Yoon Jong-won is GS Home Shopping's first female outside director and audit committee member, with a term of two years. She is expected to perform the role of supervising and advising for the sound management of the company from an independent position.

Outside director Yoon Jong-won graduated from the University of Seoul and obtained her CPA license. Since 1995, she has worked at accounting firms and other institutions, continuously overseeing financial statements. She has served as a member of the Financial Supervisory Service joint meeting, advisor to the Korea Accounting Standards Board, and as a hearing and research committee member of the Korean Institute of Certified Public Accountants. She has worked in the quality control office and audit headquarters of Samil Accounting Corporation, PwC US Risk Management Department, and is currently working as a CPA in the quality control office of Daejoo Accounting Corporation.

GS Home Shopping stated the reason for appointing outside director Yoon Jong-won as "to reflect the perspectives of women, who are major customers of GS Home Shopping, in company policies through diversity in decision-making bodies, and to realize ESG (environmental, social, and governance) management at the group level." They added, "We expect that the expertise of CPA Yoon Jong-won will strengthen the board's management supervision function."

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