All four of South Korea’s top financial groups now have at least two female outside directors, with women holding an average of 32% of those seats. — The Korea Herald
SEOUL: South Korea’s financial giants have been working to shed their long-standing reputation for rubber-stamp governance, as diversity and boardroom expertise have visibly improved.
Yet, with chief executive officers (CEOs) and legacy ties still exerting implicit power in some high-level conference rooms, the extent to which boards can hold management accountable remains in question.
