- 홈
- About KIC
- Ethical Management
- Transparent Management
About KIC
Founded in 2005 to increase national wealth and contribute to the growth of Korea’s finance industry
Transparent Management
Transparency Management
KIC periodically discloses the following information to ensure transparency and accountability.
- - Total assets under management (AUM)
- - Return on total AUM
- - Asset mix and return of each asset class, as set forth by Presidential Decree
- - Mid- to long-term investment policy
- - Financial statements and accounting standards
- - Audit reports
- - Changes relating to investment managers
External Audit
KIC’s financial statements are audited by an external auditor each year based on Korea’s auditing principles, which adhere to internationally recognized standards. The external auditor is selected by KIC’s Statutory Auditor.
National Assembly Inspection
KIC reports its business activities to the National Assembly in accordance with the National Assembly Act and the Act on the Inspection and Investigation of State Administration, and is subject to annual inspections by the National Assembly.
Act on Public Institutions Management
KIC abides by the Act on Public Institutions Management, and the following information is available via www.alio.go.kr and www.kic.go.kr (in Korean only).
- - Information on new hires
- - Executives’ annual salaries and employees’ average compensation
- - Employee welfare
- - Corporate tax
- - Comments from the National Assembly Inspection
- - Comments from the Board of Audit and Inspection
- - Board of Directors meeting minutes
- - Internal audit results