Ando Geol: "Only 10% of Female Executives in Public Institutions under the Ministry of Economy and Finance"

"Need to Reconsider Gender Equality Personnel Plan"

Ando-geol Assemblyman

It has been revealed that female executives account for only one out of every ten executives in institutions under the Ministry of Economy and Finance.

On the 11th, Ahn Do-gul, a member of the Democratic Party of Korea (Gwangju Dongnam-eul), analyzed the 'Executive Status for the Past Five Years' data submitted by six public institutions under the Ministry of Economy and Finance. As of the end of September this year, among 47 executive-level personnel, only 4 were female executives, accounting for just 9.3%. Among managerial-level employees at the headquarters level (grades 1 and 2), out of 213 employees, 190 were male and 23 were female, resulting in a female ratio of only 10.7%.

Looking at each institution, the Export-Import Bank of Korea and the Korea Fiscal Information Service had only one female executive out of eight executives, the Korea Origin Information Service had two female executives out of eight, and the Korea Investment Corporation, Korea Minting and Security Printing Corporation, and Korea Statistical Information Service had no female executives at all.

The number of female managerial-level employees was confirmed as follows: 8 out of 79 at the Export-Import Bank of Korea, 4 out of 48 at the Korea Minting and Security Printing Corporation, 4 out of 33 at the Korea Investment Corporation, 4 out of 26 at the Korea Statistical Information Service, 2 out of 24 at the Korea Fiscal Information Service, and 1 out of 3 at the Korea Origin Information Service.

Public enterprises and quasi-governmental institutions classified as public institutions are required by the 'Act on the Management of Public Institutions' to set executive appointment targets to achieve gender equality and submit annual reports on the establishment and implementation of these targets to the Ministry of Economy and Finance.

However, in the case of the Korea Minting and Security Printing Corporation, despite setting a target in the annual report submitted to the Ministry of Economy and Finance to increase the proportion of female executives to 16.7% this year, there were no female executives at all.

Representative Ahn stated, “Just because there is no obligation to meet the female executive ratio does not mean that appointments can be neglected,” and pointed out, “The Ministry of Economy and Finance should expand the scope of institutions required to submit annual reports on executive appointment targets or reconsider the gender equality personnel plans of all public institutions.”