Korea’s $1 Trillion Pension to Flex Voting Power in Reform Push

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000South Korea’s $1 trillion pension fund will aggressively wield its voting rights to improve corporate governance and transparency, which have lagged global standards, its chief executive said.“The National Pension Service has sent a clear signal and things will be different next year,” Kim Sung-joo, the fund’s Chairman and CEO said in an interview Friday, pointing to the next annual shareholder meetings in March 2027, when boards will again face investors.