Sangwon Baek, Standing Auditor at Korea South-East Power, Achieves 'A Grade' in Auditor Performance Evaluation
Recognized for Exemplary Role and Achievements as a Public Institution
Sangwon Baek, Standing Auditor at Korea South-East Power, recently received an 'A grade' in the '2025 Public Institution Auditor Performance Evaluation' organized by the Ministry of Economy and Finance.
Sangwon Baek, Standing Auditor at Korea South-East Power Co., Ltd.
[Photo by Korea South-East Power Co., Ltd.]
According to Korea South-East Power on July 1, this evaluation was conducted for standing auditors (or standing audit committee members) at 58 public enterprises and quasi-government agencies as of 2025, and comprehensively assessed the adequacy of audit plan formulation, the usefulness of audit results, and anti-corruption efforts.
As a result, only three institutions, including Korea South-East Power, were honored to receive the 'A grade'.
With this achievement, the audit office at Korea South-East Power has now been recognized for its outstanding internal audit capabilities in multiple areas, having earned the highest grade in the Board of Audit and Inspection's own audit activities evaluation, the top grade in the Anti-Corruption and Civil Rights Commission's comprehensive integrity assessment, and now the 'A grade' in this evaluation as well.
In particular, high marks were given for demonstrating professionalism based on a competency assessment model, setting an example in ethical standards through communication and harmony, and carrying out effective internal control activities—all grounded in the audit philosophy and capabilities of the standing auditor.
Sangwon Baek, Standing Auditor, stated, "This achievement is the result of not only the audit office but all executives and employees understanding the importance of internal audits and working together to put them into practice. Going forward, I will continue to lead by example as a public official, helping to build a culture of integrity and ensure effective internal controls as a standing auditor."
Hot Picks Today
Prices Jump Overnight on July 1: "My Morning Soft-Boiled Eggs Now 3,000 Won for 2" — Convenience Store Price Hikes Make Summer Hotter
- "1 Million Won Can Turn Into 150 Million"... Caution Urged as Ultra-High-Risk KOSPI Investment Products Spread
- "Buy Now, Pay Over 48 Months": BNPL Becomes a Youth Trend... Rapid Growth in the U.S. [Global Pay War]③
- [Exclusive] Kim Eo-jun Opens Restaurant in Paris: First Guest Shares "How Was the Food..." Experience
- 'Suspect Still at Large' on 21st Day of Tongyeong Murder... Identity of 'Man's Face' Circulating on SNS
Korea South-East Power expressed its hope to continue fostering a proactive administrative work culture and preventive measures to further enhance the institution's transparency and accountability, and to be recognized by the public as a model internal audit body that earns the trust of the people.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.