Yoon to lead Samil PwC

Samil PwC CEO Yoon Hoon-soo

By Park Jae-hyuk

Samil PwC appointed its assurance leader Yoon Hoon-soo as its new CEO, the nation's leading accounting firm said Wednesday. He will serve a three-year term starting July 1.

“I will establish a horizontal organizational culture that respects collective intelligence and diversity,” Yoon said after being appointed CEO on Tuesday. “Based on this, I will work hard for our company to improve its quality of service and become a trustworthy accounting firm.”

Yoon earned a bachelor's degree in business administration and a master's degree in finance from Seoul National University.

After joining Samil in 1987, he served as the leader of the U.S. IPO team and the leader of the global assurance group offering services for global clients and cross border transactions.

He also spent over five years at PwC U.S. offices in San Jose and New Jersey.

Since July 2017, he has served as the assurance leader in charge of handling important issues, such as the revised Act on External Audit of Stock Companies and the 52-hour workweek. He has been recognized by his company for his expertise in risk management and leadership.

Although he might have been Samil's first voted-in CEO, he took the role without contest as deals leader Bae Hwa-joo, who was also recommended as a CEO candidate, chose not to run in the election on Monday.

Meanwhile, incumbent CEO Kim Young-sik, who is supposed to step down in late June, is expected to run in the June-slated election to select the next president of the Korean Institute of Certified Public Accountants.