Lee Chan-hee, Chairperson of the Samsung Compliance Monitoring Committee, noted on the 20th that "Chairman Lee Jae-yong has a strong commitment to compliance management" and that he said, "This guarantees the independence and autonomy of the committee's activities."
The Chairperson met with reporters ahead of the committee's regular meeting held at the Samsung Life Insurance building in Seocho District, Seoul, and conveyed that the communication between the committee and the chairman is "a system of constant communication and meetings whenever necessary." The committee noted in its recently released annual report for 2024 that it held a meeting with the chairman in November of last year to discuss compliance management issues.
Regarding the issues discussed during the meeting, the Chairperson said, "To completely sever ties with the past relationship with the political world that has caused Samsung pain, it is better to focus solely on management with more political independence, and the best way to do this is to adhere to compliance management principles."
It has been nearly a year since Jeon Young-hyun, head of the Device Solutions (DS) institutional sector, was urgently appointed as a "savior" for Samsung Electronics' semiconductor business on the 21st. In relation to this, the Chairperson stated, "The areas the committee and the vice chairperson are involved in are not direct contact areas," but noted, "I understand that efforts are being made to enhance technological competitiveness and to fully commit to organizational restructuring for this purpose." The Chairperson added, "Since results do not appear in the short term, we are always hopeful for good outcomes in strengthening technology."
Meanwhile, the committee visited business sites of Samsung affiliates in Eastern Europe, including Romania, Poland, and Hungary, in February to assess the current status of compliance management. The Chairperson remarked, "I offered words of encouragement after seeing the strengthened system for human rights, especially as many foreign workers are employed in Eastern Europe." The Chairperson continued, "It was a great opportunity to confirm the efforts of overseas staff working in business sites with diverse ethnicities and their commitment to compliance management, unlike in Korea."