Board Composition and Governance - Mr. Kang, Hoon was appointed as a non-standing director of Korea Electric Power Corporation (KEPCO) for a term of two years starting May 1, 2024[2]. - The board of directors now includes 14 members, with 6 standing directors and 8 non-standing directors[8]. - The current President & CEO, Kim, Dong-Cheol, has held the position since September 19, 2023[8]. - The new non-standing director, Kang, Hoon, has a background as an attorney and has held various legal positions, including Judge of Seoul High Court[4]. - The board composition reflects a diverse range of expertise, including finance, safety, and global business management[8]. - The appointment of Kang, Hoon replaces the former non-standing director, Ms. Kim, Jae-Shin, whose term expired[2]. - The board includes members with specific roles in audit and ESG committees, enhancing governance and sustainability focus[8]. - KEPCO's governance structure aims to strengthen oversight and strategic planning through its diverse board[8]. - The appointment of new directors is part of KEPCO's strategy to enhance its operational effectiveness and corporate governance[2]. - The company continues to adapt its leadership to align with evolving market and regulatory demands[2].
Korea Electric Power (KEP) - 2023 Q4 - Annual Report