CM Bank: Independent Non-Executive Director Li Chaoxian to Step Down in April 2026

Bulletin Express04-28 20:26

China Merchants Bank Co., Ltd. (CM Bank) disclosed that Independent Non-Executive Director Li Chaoxian has submitted his resignation, citing personal reasons. His departure will take effect on 28 April 2026.

Li Chaoxian will simultaneously relinquish several board roles: • Chairman of the Related Party Transactions Management and Consumer Rights Protection Committee • Member of the Strategy and Sustainable Development Committee • Member of the Remuneration and Appraisal Committee

The original term of office was scheduled to expire on 17 August 2027. CM Bank confirmed that his resignation will not reduce the board size below its quorum and that all work handovers have been completed in accordance with internal regulations.

The departing director stated that he holds no disagreements with the board and has no outstanding public commitments. The board expressed gratitude for Li Chaoxian’s service and contributions during his tenure.

As of the announcement date, CM Bank’s board composition stands at two executive directors, seven shareholder (non-executive) directors, and five independent non-executive directors.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1154241243?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-28 20:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1154241243","market":"us","top_or_hot":-1,"title":"CM Bank: Independent Non-Executive Director Li Chaoxian to Step Down in April 2026","media":"Bulletin Express","content":"<p>China Merchants Bank Co., Ltd. (CM Bank) disclosed that Independent Non-Executive Director Li Chaoxian has submitted his resignation, citing personal reasons. His departure will take effect on 28 April 2026.</p>\n<p>Li Chaoxian will simultaneously relinquish several board roles:  \n• Chairman of the Related Party Transactions Management and Consumer Rights Protection Committee  \n• Member of the Strategy and Sustainable Development Committee  \n• Member of the Remuneration and Appraisal Committee</p>\n<p>The original term of office was scheduled to expire on 17 August 2027. CM Bank confirmed that his resignation will not reduce the board size below its quorum and that all work handovers have been completed in accordance with internal regulations.</p>\n<p>The departing director stated that he holds no disagreements with the board and has no outstanding public commitments. The board expressed gratitude for Li Chaoxian’s service and contributions during his tenure.</p>\n<p>As of the announcement date, CM Bank’s board composition stands at two executive directors, seven shareholder (non-executive) directors, and five independent non-executive directors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CM Bank: Independent Non-Executive Director Li Chaoxian to Step Down in April 2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCM Bank: Independent Non-Executive Director Li Chaoxian to Step Down in April 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-28 20:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China Merchants Bank Co., Ltd. (CM Bank) disclosed that Independent Non-Executive Director Li Chaoxian has submitted his resignation, citing personal reasons. His departure will take effect on 28 April 2026.</p>\n<p>Li Chaoxian will simultaneously relinquish several board roles:  \n• Chairman of the Related Party Transactions Management and Consumer Rights Protection Committee  \n• Member of the Strategy and Sustainable Development Committee  \n• Member of the Remuneration and Appraisal Committee</p>\n<p>The original term of office was scheduled to expire on 17 August 2027. CM Bank confirmed that his resignation will not reduce the board size below its quorum and that all work handovers have been completed in accordance with internal regulations.</p>\n<p>The departing director stated that he holds no disagreements with the board and has no outstanding public commitments. The board expressed gratitude for Li Chaoxian’s service and contributions during his tenure.</p>\n<p>As of the announcement date, CM Bank’s board composition stands at two executive directors, seven shareholder (non-executive) directors, and five independent non-executive directors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03968","symbol_name":"招商银行","start_time":0,"source_url":"","article_id":"1154241243","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154241243","pubTimestamp":1777379167,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Merchants Bank Co., Ltd. (CM Bank) disclosed that Independent Non-Executive Director Li Chaoxian has submitted his resignation, citing personal reasons. His departure will take effect on 28...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03968":"招商银行"},"translate_title":"招商银行：独立非执行董事李超贤将于2026年4月卸任","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03968":1},"content_text":"China Merchants Bank Co., Ltd. (CM Bank) disclosed that Independent Non-Executive Director Li Chaoxian has submitted his resignation, citing personal reasons. His departure will take effect on 28 April 2026.\nLi Chaoxian will simultaneously relinquish several board roles:  \n• Chairman of the Related Party Transactions Management and Consumer Rights Protection Committee  \n• Member of the Strategy and Sustainable Development Committee  \n• Member of the Remuneration and Appraisal Committee\nThe original term of office was scheduled to expire on 17 August 2027. CM Bank confirmed that his resignation will not reduce the board size below its quorum and that all work handovers have been completed in accordance with internal regulations.\nThe departing director stated that he holds no disagreements with the board and has no outstanding public commitments. The board expressed gratitude for Li Chaoxian’s service and contributions during his tenure.\nAs of the announcement date, CM Bank’s board composition stands at two executive directors, seven shareholder (non-executive) directors, and five independent non-executive directors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154241243","isCrawlerRequest":true}