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Governance
Board of Directors
Sharons Credit Union is governed by seven Board of Directors elected by the membership. Board of Directors continues to be committed to the highest standards of Corporate Governance in order to demonstrate its stewardship to members, employees and the communities it serves. As a Board, they approve Sharons’ vision and strategy and oversee core business operations while building relationship with members and the community.
Howard HY Lee
/ Board Chair /
Providing leadership to the Board, the Chair iselected among Board members for a oneyear term.
Current Term: 2021-2024
Victor Byung Kyu Yoo
/ Vice Chair /
Current Term: 2020-2023
Simon Ahn
/ Director /
Current Term: 2019-2022
Sebastian Jung
/ Director /
Current Term: 2019-2022
Jihan Kim
/ Director /
Current Term: 2019-2022
Tae In Kwon
/ Director /
Current Term: 2021-2024
Lisa Lim
/ Director /
Current Term: 2021-2024
Our Board of Directors make a difference
The Board of Directors help guide your credit union by establishing corporate goals,
approving major financial decision and allocating resources where they are needed most.
Board responsibilities
The Board is accountable for the Credit Union’s strategy, risk management framework, seniormanagement oversight and internal controls. A Board’s responsibilities include:
- Defining and approving the credit union’s risk appetite;
- Setting, approving and monitoring the credit union’s strategy and performance andoverseeing its planning process; and
- Ensuring that the credit union has the capability and culture to support its risk appetiteand achieve its strategy, including:
- Oversight of the credit union and executive team;
- Choosing and evaluating the CEO; and
- Recruitment and renewal of the Board
The Board is also responsible for managing its own affairs, such as electing its chair, appointingits committees and their chairs, evaluating its performance, and establishing board andcommittee processes.
Board committee
The Board of Directors has standing committees that are responsible for carrying out bothlegislated and delegated functions. The board committees meet regularly throughout the year.The board delegates certain governance responsibilities to the following five standingcommittees:
- Audit & Risk Committee
- Governance & Human Resources Committee
- Conduct Review Committee
- Investment & Lending Committee
- Nominating Committee
Interested in contributing to your Credit Union?
Chairman of the Board
Become a member
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