CITIC Limited released an announcement on 26 August 2026 from Hong Kong confirming the latest composition of its 11-member Board of Directors and the corresponding committee assignments.
Board Composition • Executive Directors (3): Xi Guohua (Chairman), Zhang Wenwu (Vice Chairman and President), and Wang Guoquan. • Non-executive Directors (4): Li Yi (formerly Li Ruyi), Yue Xuekun, Yang Xiaoping, and Li Zimin. • Independent Non-executive Directors (4): Anthony Francis Neoh (Lead INED), Francis Siu Wai Keung, Xu Jinwu, Chen Yuyu, and Tokuya Takizawa.
Committee Leadership and Memberships • Audit and Risk Management Committee: Chaired by Francis Siu Wai Keung; members include Anthony Francis Neoh, Xu Jinwu, Chen Yuyu, and Tokuya Takizawa. • Nomination Committee: Chaired by Xi Guohua; members are Zhang Wenwu, Li Yi, Yang Xiaoping, Anthony Francis Neoh, Francis Siu Wai Keung, Xu Jinwu, and Chen Yuyu. • Remuneration Committee: Chaired by Anthony Francis Neoh; members include Zhang Wenwu, Li Yi, Yang Xiaoping, Francis Siu Wai Keung, and Xu Jinwu. • Strategy and Sustainability Committee: Chaired by Xi Guohua; members are Zhang Wenwu, Li Yi, Yang Xiaoping, Anthony Francis Neoh, and Xu Jinwu.
Key Takeaways 1. Xi Guohua holds a central position, serving as Chairman of the Board, the Nomination Committee, and the Strategy and Sustainability Committee. 2. Francis Siu Wai Keung oversees audit and risk matters as committee chair, reinforcing independent oversight. 3. Anthony Francis Neoh, as Lead INED, heads the Remuneration Committee and participates in all other board committees, underscoring governance continuity.
The updated structure is intended to strengthen CITIC’s governance framework by balancing executive leadership with independent oversight across critical board functions.
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