Gyeonggi Credit Guarantee Foundation Receives Grade A for Third Consecutive Year in Public Institution Management Performance Evaluation

[Suwon Ilbo=Reporter Park No-hun] In the management performance evaluation of 19 public institutions in Gyeonggi Province for last year, six institutions—Gyeonggi Credit Guarantee Foundation, Gyeonggi Job Creation Foundation, Gyeonggi Economic and Science Promotion Agency, Gyeonggi Research Institute, KINTEX, and Gyeonggi Cultural Foundation—received Grade A. Gyeonggi Credit Guarantee Foundation received Grade A for the third consecutive year.

The province finalized and announced the 2020 Gyeonggi Province public institution management performance evaluation results on the 2nd, following deliberation by the Operating Committee for Provincial Funded and Contributed Institutions on the 26th of last month.

In this management performance evaluation, among five grades from S to D, there were no institutions corresponding to Grade S or Grade D. Six institutions received Grade A, 11 institutions including Gyeonggi Content Promotion Agency received Grade B, and two institutions—Gyeonggi Provincial Medical Center and Next-Generation Convergence Technology Research Institute—received Grade C.

Compared to the previous year, the following institutions saw grade improvements: Gyeonggi Job Creation Foundation, Gyeonggi Economic and Science Promotion Agency, KINTEX, Gyeonggi Cultural Foundation, and Gyeonggi Research Institute were upgraded from Grade B to Grade A; and Gyeonggi Welfare Foundation and Gyeonggi Suwon World Cup Stadium Management Foundation were promoted from Grade C to Grade B. Other institutions saw no grade changes, while the newly evaluated Next-Generation Convergence Technology Research Institute received Grade C.

Compared to the 2019 evaluation, which had 1 Grade A, 14 Grade B, and 3 Grade C institutions, the distribution of excellent institutions has improved and the overall grade distribution has been enhanced. The average evaluation score across institutions increased from 79.32 points to 83.46 points, a rise of 4.14 points.

The province analyzed that this reflects substantial improvement in performance from the previous year, resulting from each institution's efforts to implement improvement tasks recommended in the previous evaluation and their achievement in the social value sector, including social responsibility and job creation.

In the evaluation of 19 public institution heads, there are no Grade S or Grade D ratings, similar to the institutional evaluation. Seven heads, including those from Gyeonggi Job Creation Foundation and Gyeonggi Economic and Science Promotion Agency, received Grade A. Additionally, 11 heads, including those from Gyeonggi Provincial Medical Center and Gyeonggi Disability Sports Association, received Grade B, while the head of Next-Generation Convergence Technology Research Institute received Grade C. The evaluation results for the presidents of three local public corporations, including Gyeonggi Urban Development Corporation, are expected to be finalized around September based on the Ministry of Interior and Safety's local public enterprise evaluation results.

Based on this evaluation, the province plans to provide performance bonuses to institutions and heads with Grade B or above, and implement follow-up measures including warning notices for Grade C institutions and heads along with the establishment of management improvement plans.

Meanwhile, the 2020 management evaluation was conducted with evaluation teams directly recruited and organized by the province, as in the previous year. The evaluation prioritized fairness and focused on assessing the fulfillment of public institutions' social values, including human rights, safety, consideration for the socially vulnerable, and regional balanced development.

The evaluation panel included experts from various fields such as professors, lawyers, accountants, and civil society organization workers. From March onward, the management performance of each institution during 2019 was evaluated through written reviews and face-to-face assessments for each institution. Particularly this year, in consideration of the COVID-19 situation, quarantine guidelines were strictly observed by reducing face-to-face assessments for each institution.