Accountant Shim Jeongeun Appointed as Board Member of the International Federation of Accountants

"Korean Accounting Industry's Efforts to Enhance Accounting Transparency Recognized"

The Korean Institute of Certified Public Accountants announced on November 20 that Shim Jeongeun, a certified public accountant from HD Korea Shipbuilding & Offshore Engineering, was officially appointed as a board member of the International Federation of Accountants (IFAC) at the Council Meeting held in Mexico City, Mexico, on November 12. The term is three years and can be renewed once.

Certified Public Accountant appointed as a director of the International Federation of Accountants (IFAC). Korean Institute of Certified Public Accountants

Shim has worked at PwC Samil and BearingPoint Korea before joining HD Hyundai Group in 2005, where she has led major projects such as IPOs, domestic and international M&As, and new business entry and strategy development at Hyundai Heavy Industries, Hyundai Electric, and Hyundai Robotics. Currently, as an executive director overseeing ESG (Environmental, Social, and Governance) business at HD Korea Shipbuilding & Offshore Engineering, she is responsible for establishing mid- to long-term roadmaps and strategies for ESG overall, including climate response strategies and human rights management policies.

Shim stated, "It is a great honor to represent Korea as a board member of the International Federation of Accountants. I am deeply grateful to the Korean Institute of Certified Public Accountants for their support and encouragement throughout the appointment process. I will continue to do my best to enhance the global standing of Korean accounting."

Choi Woonyeol, President of the Korean Institute of Certified Public Accountants, commented, "Following former IFAC President Joo Inki and former IFAC board member Ahn Younggyun, this is a remarkable achievement as the first Korean woman to join the IFAC board. The efforts of the Korean accounting industry to contribute to the public interest through the adoption of global standards and enhanced accounting transparency have been recognized by the international community."

Meanwhile, IFAC is a global organization in which 185 accounting associations from 140 countries participate, serving to unite the accounting profession as an international community. The Korean Institute of Certified Public Accountants has been a full member of IFAC since 1978. IFAC supports independent standard-setting bodies such as the International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA), and plays a key role in advancing the global accounting profession and promoting the public interest.

Currently, major Korean figures active in international organizations related to accounting and auditing include Kim Seongnam, a member of IESBA (former auditor of the Korean Institute of Certified Public Accountants); Lee Sumi, a member of the IFAC International Panel on Accountancy Education (IPAE) (standing commissioner of the Korea Accounting Standards Board); Yoon Jongwon, a member of the IFAC Small and Medium Practices Advisory Group (SMPAG) (Daejoo Accounting Corporation); and Jeon Yongseok, Vice President of the Confederation of Asian and Pacific Accountants (CAPA) (Vice President of International Affairs at the Korean Institute of Certified Public Accountants).

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