China Everbright Bank (06818): Liu Qiao Appointed as Independent Non-Executive Director

Stock News01-06

China Everbright Bank (06818) announced that Mr. Liu Qiao will cease to serve as an independent non-executive director and member of the relevant board committee of China Merchants Bank Co., Ltd. effective December 30, 2025, upon the completion of his term. In accordance with Article 16 of the National Financial Regulatory Administration's "Measures for the Administration of Qualifications of Directors and Senior Management of Banking Financial Institutions," Mr. Liu Qiao's director qualification does not require re-application for approval. Consequently, Mr. Liu Qiao has been appointed as an independent non-executive director and a member of the relevant board committee of the Company, effective from the date of this announcement. Pursuant to relevant laws, regulations, and the provisions of the Articles of Association of China Everbright Bank Co., Ltd., Mr. Hong Yongmiao has ceased to serve as an independent non-executive director and member of the relevant board committee of the Company, effective from the date of Mr. Liu Qiao's appointment, following the expiration of his own term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment