Governance
We practice transparent management to build a trustworthy and reliable company.
With a strong determination to achieve stable business management and protect shareholder rights, we strive to create a transparent business environment by practicing ethical management and corporate compliance, and establish a sustainable business management framework based on the correct governance structure.
Board of Directors
Samyang Biopharm is devoted to enhancing our corporate value and protecting the rights and interests of our shareholders as well as other stakeholders.
Samyang Biopharm’s Board of Directors is responsible for making important decisions regarding requirements stipulated by the law or the articles of association, matters delegated by the shareholders’ general meeting, and major items related to the basic corporate management and business operation principles. It also manages and supervises the work of the executive management.
Inside Directors
Committee
Audit Committee
The Audit Committee audits accounting and business activities, and reviews and makes decisions regarding matters delegated by the Board of Directors. It supervises the job performance of directors and the executive management to ensure that they make sensible business decisions.
Committee Members
The Audit Committee consists of at least three directors in accordance with the Commercial Act, the articles of association, and the Audit Committee regulations, and at least two-thirds of the total members are outside directors, and includes at least one accounting or financial expert.
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Dong-Woo Kang, committee chairman
(outside director)Kyong-Soo Park, committee member
(outside director) -
Seong-Hoon Jeong, committee member
(outside director)
Outside Director Candidate Recommendation Committee
The Outside Director Candidate Recommendation Committee participates in the review of business management policies in an objective and fair manner, and recommends and decides outside director candidates who can supervise and support the executive management as a member of the Board of Directors.
Committee Members
In accordance with the Commercial Act and the regulations of the Outside Director Candidate Recommendation Committee, the Outside Director Candidate Recommendation Committee consists of Chairman Kyung-Jin Kim, who is an inside director, and three outside directors, so that outside directors are a majority of the total members.
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Kyung-Jin Kim, committee chairman
(Inside director)Kyong-Soo Park, committee member
(outside director) -
Seong-Hoon Jeong, committee member
(outside director)Dong-Woo Kang, committee member
(outside director)
ESG Committee
ESG committees strategically drive and review the company's environmental, social and governance action plans. In addition, performance and improvement measures related to ESG factors are reviewed and approved to ensure the company's sustainable growth.
Committee Members
According to regulations, the ESG Committee consists of a Chairman Kyung-Jin Kim, who is an internal director, one Inside director and three outside directors.
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Kyung-Jin Kim,
committee chairman
(Inside director)Hyun-Soo Lee,
committee member
(Inside director) -
Kyong-Soo Park,
committee member
(outside director)Seong-Hoon Jeong,
committee member
(outside director) -
Dong-Woo Kang,
committee member
(outside director)
