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

South 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.