The Sports Promotion Agency held a ceremony to declare mutual cooperation to spread internal control, pledging organic cooperation between management and auditors

Oct 16, 2024

The Sports Promotion Agency held a ceremony to declare mutual cooperation to spread internal control, pledging organic cooperation between management and auditors
The Seoul Olympic Memorial National Sports Promotion Foundation (Chairman Cho Hyun-jae) announced that it held a declaration ceremony for mutual cooperation to spread internal control and spread internal and external affairs, which is an essential procedure for achieving goals through risk prevention and management.

At the declaration ceremony held at the Olympic Hall on the 16th, executives and employees, including Chairman Cho Hyun-jae and standing auditor Ha Hyung-joo, announced that they will work together to establish and operate an efficient internal control system for top managers, secure the effectiveness of the internal control system through periodic evaluation of standing audits, and implement a transparent and fair organization through organic cooperation.

Following the joint declaration of the chairman-standing auditor and the pledge of action in 2023 to promote internal control in earnest in 2022, this declaration ceremony was once again an emphasis on the spread of internal control through organic mutual cooperation between management and auditors.

Chairman Cho Hyun-jae said "It is difficult to prevent multiple types of accidents with traditional surveillance control methods. All executives and employees, including myself, should join forces to internalize a sense of compliance and spread a voluntary culture of control."

Ha Hyung-joo, standing auditor, said "We will do our best to come up with improvement measures through regular inspections so that the internal control system of the Sports Corporation can operate solidly."," he replied.

Meanwhile, the Sports Corporation will strive to realize and spread internal control, such as promoting internal control reinforcement education across the company after the declaration ceremony.





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