Business · Companies · 1 hr ago
Hanwha names independent director Kwon Ik-hwan as board chair
Hanwha named independent director Kwon Ik-hwan as its board chair on Oct.
14.
The company said it wants independent directors to lead boards at major affiliates as part of a wider change.
Hanwha said the move is intended to strengthen oversight of company executives and improve board independence and shareholder trust.
Kwon joined Hanwha’s board in 2022.
Before that, he held senior roles in South Korea’s Justice Ministry and prosecution service.
Hanwha did not say what further steps would follow.
Hanwha named independent director Kwon Ik-hwan as chair of its board, the company said on October 14.
The company said the move is intended to strengthen board independence and shareholder trust.
Hanwha said having independent directors chair boards at major affiliates would strengthen oversight of management.
Kwon joined Hanwha’s board in 2022.
He previously served as a senior official at the Ministry of Justice and as head of two prosecutors’ offices.
- Who
- Hanwha named independent director Kwon Ik-hwan as board chair.
- What
- The company said the appointment is intended to strengthen board independence and oversight of management.
- When
- October 14; the article was published on October 14, 2026.
- Where
- Not stated.
- Why
- Hanwha said the move would strengthen oversight of management, shareholder trust and board independence.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Appointee
- Kwon Ik-hwan
- Position
- Hanwha board chair
- Announcement
- October 14, 2026
- Board membership
- Joined Hanwha’s board in 2022
- Previous roles
- Ministry of Justice planning and coordination office chief; head of Daejeon and Seoul Southern prosecutors’ offices
1 source
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