New Non-standing Members Appointed to KASB


The Korea Accounting Institute (KAI, President: Han Yi) held its board of directors meeting on 14 February 2024 and announced the appointment of four new non-standing members of the Korea Accounting Standards Board (KASB): 

Lee-Seok Hwang 
Professor, Seoul National University Business School

Seok Il Jang
Former Chief Accountant (Deputy Governor), Financial Supervisory Service

Su Jae Jang
Audit & Assurance Business Leader, Deloitte Anjin LLC

Myung Hee Yeo
Chief Financial Officer, LG Uplus

The newly appointed board members’ 3-year term begins on 1 June 2024. Career and academic backgrounds of the new board members are as follows:

Name Lee-Seok Hwang
Company Seoul National University Business School
Academic Achievement
Ph.D. New York University (NYU) Stern School
M.S. Yonsei University Business School
B.A. Yonsei University Business School
Professional Experience
Associate Professor, City University of New York (CUNY) Baruch College
Licensed CPA, Korean Institute of Certified Public Accountants (KICPA)

Name Seok Il Jang
Company Formerly Financial Supervisory Service
Academic Achievement
B.A. Business Administration, Yonsei University
Professional Experience
Chief Accountant (Deputy Governor), Financial Supervisory Service
Director of the Audit Review Department, Financial Supervisory Service
Director of the Corporate Accounting Administration Department, Financial Supervisory Service
Member of the Audit Review Committee, Securities & Futures Commission
Member of the Accounting Institution Review Commission, Securities & Futures Commission
Member of the Ethics Commission, KICPA
Member of the Korean Auditing and Assurance Standard Board, KICPA
Manager, Samil PWC

Name Su Jae Jang
Company Deloitte Anjin LLC
Academic Achievement
B.A. Korea University
M.A. Korea University
Member of KICPA 
Professional Experience
Audit & Assurance Business Leader in Deloitte Anjin LLC
Member of Board in Korea Social Investment Foundation
Adjunct Professor, College of Software and Management, Kyonggi University
Member of Deloitte Global Advisory Council
Leader of Technology, Media & Entertainment in Deloitte Anjin LLC

Name Myung Hee Yeo
Company LG Uplus
Academic Achievement
B.A. Kyungpook National University 
Professional Experience
Member of the Accounting Principles Board, Financial Supervisory Service
Chief Financial Officer, LG Uplus
Executive Director, Business Planning Division, LG Uplus
Director, Accounting Division, LG Uplus
Team Leader, Accounting / Financial Team, LG Dacom 




END



About the KAI

The Korea Accounting Institute (KAI) is an independent private organization established on 1 September 1999. It is an umbrella organization of both the KASB and the KSSB. 

About the KASB

Since its establishment on 1 September 1999, the KASB has been mandated to set and revise accounting standards in Korea. The Board is committed to enhancing the quality of financial reporting by providing high quality accounting standards that are on a par with internationally accepted accounting standards. The KASB consists of 9 board members (2 of whom are full-time) who are professionals from the private sector.

About the KSSB

Since its establishment on 25 November 2022, the KSSB has been mandated to support setting and revising of sustainability disclosure standards in Korea. The KSSB consists of 9 board members (2 of whom are full-time) who are professionals from the private sector.



Press enquiries:

Jae-Ho Kim
Executive Director
Korea Accounting Standards Board
Tel: +82-2-6050-0175
Fax: +82-2-6050-0170
E-mail: jhkim@kasb.or.kr

Sung-Ho Joo
Technical Director
Korea Accounting Standards Board
Tel: +82-2-6050-0176
Fax: +82-2-6050-0170
E-mail: sung-ho.joo@kasb.or.kr