Nov.07.2022, Shanghai ------ Forensic Risk Alliance (FRA), the leading forensic accounting, data analytics and eDiscovery consultancy, announces today that it has established its first Asia Pacific office in Seoul, South Korea ("FRA Korea"), in collaboration with local partners who are well respected leaders in their market.
The launch of FRA Korea comes as the forensics and advisory market in the country has grown considerably over the past two decades, largely driven by increasing enforcement efforts by the Korean government.
The firm's decision to establish a physical presence in Korea comes just months after it opened an office in Dubai, further demonstrating its commitment to its international expansion and diversification strategy.
At the helm of FRA Korea will be managing partner Ui-sung Kim and partner Hea-sil Chang taking lead on establishing the new office and delivering client service excellence. Young-gak "Ken" Yun will provide strategic direction in his capacity as senior advisor.
Ui-sung Kim – FRA Korea's managing partner – was previously Founder and CEO at software company Magicsoft Inc. Prior to this, he worked at KPMG Korea for 14 years, where he was latterly Chief Information Officer and Partner leading the tax technology team.
Partner Hea-sil Chang brings regulatory experience to the FRA Korea leadership team on the ground. She joins FRA Korea after six years at the Supreme Prosecutors' Office (SPO) of the Republic of Korea, where she served as head of accounting analysis in the Anti-Corruption Coordination & External Affairs Division.
Senior Advisor Young-gak "Ken" Yun has more than 20 years of professional services experience, having worked in investment and accounting firms. In 1990, he founded Samjong Corporation, which subsequently became a member firm of KPMG in Korea. He is also founder and Group Chairman of Pavilion Investment Group.
Forensic Risk Alliance (FRA), is a forensic accounting, e-discovery, data governance and compliance consultancy firm, specializing in international corruption, sanctions, AML and all types of financial and accounting fraud investigations for major global corporations and law firms. For more than 20 years, FRA has offered extensive multi-jurisdictional data privacy, transfer, and protection expertise in order to help clients achieve their objectives with compliance, litigation and investigations. With around 200 employees, FRA is headquartered in London and Washington DC, with 10 additional offices across EMEA and the US. FRA has extensive cross-sector and cross-border experience and scalability anywhere in the world with globally integrated teams across both developed economies and emerging markets, having worked in more than 100 countries with the capability to speak over 35 languages.