LG Group to put outside directors in charge of boards

LG Group is set to shift its listed affiliates to outside director-led boards this year, appointing independent directors as board chairs to strengthen oversight and transparency. Major listed units are expected to name outside directors as board chairs through board decisions following shareholder meetings this week, according to industry sources on Monday. The move is aimed at enhancing board independence and improving management transparency by separating the roles of CEO and board chair — a