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LG Uplus appoints outside director Nam Hyeong-du as board chair

LG Uplus said on March 24 it held a board meeting and appointed outside director Nam Hyeong-du (남형두) as its next board chair. The company said it improved governance to strengthen board independence and reinforce a board-led responsible management system. It is the first time LG Uplus has named an outside director as board chair. The company said it expects stronger board checks on management and greater transparency.