Appointment of outside directors to strengthen the protection of ESG digital consumers of Nonghyup Finance

Nonghyup Finance appoints outside directors to strengthen ESG, digital, and consumer protection

(Seoul = Yonhap News) Reporter Kim Yeon-jeong = Nonghyup Financial Group announced on the 28th that it will appoint outside directors to strengthen ESG (environment, society, governance), digital, and consumer protection.

This year, Nonghyup Finance selected the establishment of ESG management infrastructure, digital transformation, data business, and establishment of financial consumer trust management as key initiatives.Accordingly, Nonghyup Finance and Nonghyup Bank held an executive candidate recommendation committee ( Lim Chuwi) recommended ESG field and digital experts as the final candidates for new outside directors.

As new outside director candidates, Nonghyup Financial Group Lim Chu-wi recommended Lee Mi-kyung, Yoo Yoo-geun and Nam Byeong-ho, while Nonghyup Bank Lim Chu-wi recommended Ok Gyeong-eun and Jang Won-chang.

Candidate Lee Mi-kyung is active as a representative of Korea’s first environmental foundation, the Environmental Foundation, and a member of the Hydrogen Economy Committee, and is regarded as a prominent expert in the field of environment and renewable energy.

Candidate Yoo Yu-geun is a professor of business administration at Konkuk University and a chairman of the Korea Big Data Society, and is a digital expert who is striving to build a domestic digital management infrastructure through writing activities related to big data management.

Candidate Nam Byeong-ho is regarded as an excellent financial expert in applying financial policy to the field, with extensive public-private experience, including the head of the Financial Services Commission’s structural improvement general manager and the CEO of KT Capital.

Professor Ok Gyeong-gyeong, who was recommended as an outside director of Nonghyup Bank, is an expert in consumer economics at Sookmyung Women’s University. He is an economic expert.

This time, as candidates Lee Mi-kyung and Nam Yoo-sun were recommended as outside directors, Nonghyup Financial Group appoints two out of a total of seven outside directors as female outside directors.

New non-executive directors are finally elected through a regular shareholders’ meeting held on the 31st, and their terms of office are two years from April 1st.

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