CMBC Capital Announces Leadership Change as Li Ming Steps Down from Managing Director Role

Stock News06-22

CMBC Capital Holdings Limited (01141) has issued an announcement regarding a change in its senior management.

Mr. Li Ming has recently informed the company that due to an internal work transfer within the group of China Minsheng Banking Corp., Ltd., the company's indirect controlling shareholder, he will not seek re-election at the forthcoming annual general meeting of the company.

Consequently, he will retire from his position as an executive director of the company upon the conclusion of the AGM.

Following his retirement, Mr. Li will cease to serve as the company's Managing Director and will also step down from his memberships on the Executive Committee, the Risk Management and Internal Control Committee, and the Development Strategy Committee of the company.

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