Lee Chan-woo, Chairman of NongHyup Financial, "Will Hold Responsible for Internal Control Failures"
NongHyup Financial Group Holds First Internal Control Council Meeting
On the 14th, NongHyup Financial Group announced that it held the first internal control council meeting of 2025 at its headquarters meeting room in Jung-gu, Seoul, with seven attendees including the chairman, vice president of the holding company, and compliance officers.
During the meeting, they discussed the 'Plan for Checking the Operation Status of the Accountability Structure,' including verifying the appropriateness of the CEO and executives' fulfillment of management duties to ensure the smooth establishment and effective operation of this year's accountability structure.
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Lee Chan-woo, chairman of NongHyup Financial Group, presided over the meeting and emphasized, "Since regaining trust from consumers is the top priority, we will once again review the internal control system, strengthen inspections of vulnerable areas, and hold responsible parties accountable for any internal control failures to establish responsible management."
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