Korea Credit Guarantee Fund Partners with Government Employees Pension Service to Strengthen AI-Based Digital Audit Capabilities

Collaboration Includes Sharing Audit Know-how in Information Security Fields

On September 22, the Korea Credit Guarantee Fund announced that it had signed a "business agreement to strengthen AI-based digital audit capabilities" with the Government Employees Pension Service.

Hanchanggyu, Director of the Korea Credit Guarantee Fund Audit Office (fifth from the left), and Jung Youngmin, Director of the Government Employees Pension Service Audit Office (fourth from the right), along with other participants from both organizations, are taking a commemorative photo after signing the business agreement. Photo by Korea Credit Guarantee Fund

This agreement was established to jointly respond to the increasingly sophisticated audit environment driven by AI transformation and to enhance the expertise and reliability of the audit system by sharing advanced technology-based audit techniques.

Under the agreement, the two organizations plan to cooperate in various areas, including: strengthening digital audit capabilities based on new technologies such as AI; sharing audit know-how in information security fields such as personal data protection; collaborating to build outstanding internal control systems; and providing mutual support in specialized fields through the exchange of audit personnel.

The Korea Credit Guarantee Fund intends to expand its audit network among public institutions through this agreement and improve audit quality by promoting active exchanges of audit resources. Additionally, the organization plans to establish an audit system that aligns with the digital environment, further strengthening transparency in financial operations and the level of internal control.

Im Myungbae, Director of Audit at the Korea Credit Guarantee Fund, stated, "This agreement is significant in that it establishes a proactive, AI-based preventive audit system in line with the era of digital transformation." He added, "The Korea Credit Guarantee Fund will continue to expand collaboration with related organizations, advance audit capabilities, and lead a trusted internal control culture as a policy financial institution."