Board of Directors

Composition and Responsibilities of the Board of Directors

The Board of Directors is the decision-making body of the Bank. Currently the Board of Directors consists of eleven members, with Mr. Zhu Hexin as the Chairman of the Board, Mr. Fang Heying as the Deputy Chairman of the Board. The Board includes four non-executive directors, namely, Mr. Zhu Hexin (Chairman), Mr. Cao Guoqiang, Ms. Huang Fang and Mr. WangYankang; two executive directors, namely, Mr. Fang Heying (Deputy Chairman, President) Mr Liu Cheng (Executive Vice President) and Mr. Guo Danghuai (Vice President); and four independent non-executive directors, namely, Mr. He Cao, Ms. Chen Lihua, Mr. Qian Jun, and Mr. Liu Tsz Bun Bennett.

Specialized Committees under the Board of Directors

There are five specialized committees under the Board of Directors, namely the Strategic and Sustainable Development Committee, the Risk Management Committee, the Audit and Related Party Transactions Control Committee, the Nomination and Remuneration Committee and the Consumer Rights Protection Committee.

Strategic and Sustainable Development Committee

The Bank's Strategic and Sustainable Development Committee consists of five directors, with executive director Mr. Zhu Hexin as chairman, and Mr. Cao Guoqiang, Mr. Fang Heying, Mr. Liu Cheng and Mr. Qian Jun as members. Its principal responsibilities include: to study the Bank’s operating and management targets, long-term development strategy, and special strategic development plans respectively formulated for human resources, information technology and other areas, and make recommendations to the Board of Directors; to study programs for major cooperation, investment, financing and merger and acquisition, and make recommendations to the Board of Directors; to supervise and inspect implementation of the Bank's annual business plans and investment programs as authorized by the Board of Directors.

Risk Management Committee

The Bank's Risk Management Committee is comprised of six directors with Mr. Fang Heying as chairman, and Mr. Liu Cheng, Mr. Guo Danghuai, Mr. He Cao, Mr. Qian Jun and Mr. Liu Tsz Bun Bennett as members. The committee is mainly responsible for supervising the senior management's control of credit risk, liquidity risk, market risk, operational risk, bank book interest rate risk, operational risk, compliance risk, money laundry risk and reputation risk. The above-mentioned risk is defined as the risk that is about to result in direct or indirect financial or other losses or result in material risk potency that would lead to financial or other losses ; carrying out regular assessment of the Bank's risk preference, credit grant policy, liquidity risk management policy, market risk management policy, bank’s book interest rate risk management policy, operational risk management policy, compliance risk management policy, money laundry risk management, reputation risk management, lawfulness and compliance of business operation, case prevention and control management, risk management status and risk tolerance, putting forward recommendations to the Board of Directors on how to improve risk management and internal control of the Bank, deliberating proposals on risk management that are submitted to the Board of Directors for review and put forward relevant recommendations to the Board of Directors in accordance with the Bank's overall strategy.

Audit and Related Party Transactions Control Committee

The Bank's Audit and Related Party Transactions Control Committee is comprised of five directors, with independent non-executive director Mr. He Cao as chairman and Mr. Wang Yankang, Ms. Chen Lihua, Mr. Qian Jun as well as Mr. Liu Tsz Bun Bennett as committee members. The principal responsibilities of the Audit and Related Party Transactions Control Committee include supervising the Bank's internal control, financial information and internal audit, identifying related parties of the Bank, as well as reviewing and filing the Bank's related party transactions within its authorized mandate.

Nomination and Remuneration Committee

The Bank's Nomination and Remuneration Committee consists of four directors, with independent non-executive director Mr. Qian Jun as chairman, and Ms. Huang Fang, Ms. Chen Lihua as well as Mr. Liu Tsz Bun Bennett as members. Principal responsibilities of the Nomination and Remuneration Committee include assisting the Board of Directors in formulating procedures and standards on nomination of candidates for directorship and senior management membership, drafting remuneration schemes, performance evaluation rules and incentives programs for directors, supervisors and senior management members, and raising recommendations thereof to the Board of Directors.

Consumer Rights Protection Committee

The Bank's Consumer Rights Protection Committee consists of four directors, with non-executive director Ms. Huang Fang as chairperson, and Mr. Wang Yankang, Mr. He Cao as well as Ms. Chen Lihua as members. Principal responsibilities of the Consumer Rights Protection Committee include formulating the Bank's strategies, policies and objectives of consumer protection, urging the senior management to effectively implement relevant work of consumer protection, supervising and assessing the Bank's consumer protection work regarding its comprehensiveness, timeliness and effectiveness, and the senior management's performance of duties, and advising the Board.