[Gimeunji financial newspaper reporter Korea] Lotte announced 11 days ago that the elected minhyeonggi Constitutional Court as the first chairman of the "Compliance Committee (Compliance Committee · Compliance Management Committee)."
Lotte official said, "We recognize that recent corporate transparency, ethics, employees according to global business expansion left the company survival" and "a new organization, the Compliance Committee has to become a truly global company with a competitive edge," he said.
Compliance committee structure was promoted in accordance with the Management Group, Lotte Group chairman Shin Dongbin swaesinan announced last October. Lotte Group has reorganized Policy Division through Feb. Group executives, personnel and organizational changes this year to the compliance chamber and Innovation Committee.
Compliance Committee shall perform such as risk management and regulatory compliance management supported by legal advice, checking compliance management situation of subsidiaries and operations improvement, compliance, system construction, etc. associated with the group and its affiliates. Through ongoing compliance training for employees and monitoring, system improvements, such as the aim to ensure that all business Lotte can be operated in compliance of the border.
Minhyeonggi new chairman was new to the legal profession and graduated from Seoul National University Law School in the 16th judicial examination. Including the judge lives in the Seoul District Court Southern Support 1976 Seoul High Court Judge, Judicial Research and Training Institute Professor of Court Administration Personnel Management Mount, Seoul High Court senior judge president has served the Seoul District Criminal senior presiding judge of the Constitutional Court from 2006 to 2012 served.
Minhyeonggi new chairman of judges was widely known as the lesser waves judges for reappointment upon the legal principle, it was soft, but the trust from litigants to handle a reasonable basis. Have excellent skills in administration of justice's Court Administration Personnel Management implementation it was flat that provide a fair judicial system personnel during employment.
Lotte said, "I will try to be reborn as a respected enterprise" and "expect that will provide a foundation for compliance management within the civil new chairman this group," he said.
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