3rd Integrity and Ethics Improvement Special Task Force Meeting
Discussion on Risk Factors and Improvement Measures Related to Corporate Information Retention
KAMCO (Korea Asset Management Corporation) announced on the 25th that it held the ‘2024 3rd Special Task Force Meeting for Integrity and Ethics Improvement’ at its headquarters in the Busan International Finance Center (BIFC) to promote a culture of integrity and ethics.
The Special Task Force for Integrity and Ethics Improvement is a key driving body established to proactively identify, inspect, and improve integrity and ethics risk factors within KAMCO. Chaired by the president, it involves various members working together to seek ways to enhance integrity and ethics and improve areas vulnerable to corruption.
At this 3rd meeting, under the theme of ‘Prevention of Trading Financial Investment Products Using Insider Information,’ Kwon Nam-ju, president of KAMCO, along with deputy general managers responsible for corporate support and state-owned securities management, participated to analyze and inspect risk factors by task and discuss effective improvement measures.
During the subsequent ‘Pledge Ceremony for Compliance with Restrictions on Trading Financial Investment Products,’ attendees committed to eradicating unfair private gains using insider information and reaffirmed their determination to build a trustworthy KAMCO through honest and transparent work performance.
President Kwon Nam-ju stated, “All employees must maintain vigilance to ensure that information acquired through work is not improperly used for personal gain,” adding, “We will continue to identify and improve corruption-prone areas and strengthen internal controls to meet the heightened public expectations for integrity in public service.”
Meanwhile, through the 1st and 2nd Special Task Force meetings, KAMCO discussed improvement plans for institutional integrity vulnerabilities, best practices in integrity policies, and corruption risk factors related to contract work. Additionally, various integrity policies are being implemented to enhance employees’ integrity, including high-level officials’ pledge for corruption-prone area improvements, an integrity communication board led by the vice president, and integrity policy briefings for regional headquarters.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
