The Financial Supervisory Service begins to verify the reasons for CEOs of financial companies not appearing for inspection.

Reporter Paul Lee / approved : 2023-11-13 00:35:02
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[Alpha Biz=(Chicago) Reporter Paul Lee] In the future, financial authorities will verify whether there is a justifiable reason when the CEO of a financial institution fails to attend a parliamentary audit.

According to the financial sector on the 12th, the Financial Supervisory Service asked KB Financial Group on the 10th to submit explanatory data on how KB Financial Group Chairman Yoon Jong-kyu did not attend the National Assembly's National Policy Committee last month.

Yoon was voted as a witness to attend the parliamentary inspection on the 27th of last month. However, he did not attend the parliamentary inspection after submitting a statement of reasons for his absence for overseas business briefing (IR).

The governance and internal control of financial firms emerged as a problem at the time, but as Chairman Yoon was not present as a witness to the parliamentary inspection, members of the National Policy Committee said they would consider the charges, saying Yoon went on a business trip for avoidance. However, the ruling and opposition parties finally agreed not to file a complaint against Chairman Yoon after reviewing whether to file a complaint or not.

The Financial Supervisory Service will receive related data to see if there is a legitimate basis for overseas IR schedules and overseas investor meetings that Chairman Yoon presented in the reasons for his absence. After reviewing the data, it is said that it will take necessary measures if it is deemed that there is no justifiable reason for the absence of the parliamentary inspection.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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