Specialized Committees under BOD

The Board of Directors of the Bank set up 5 specialized committees, including Strategy/Consumer Protection Committee, Risk Management Committee, Nomination and Remuneration Committee, Audit Committee, Connected Transaction Control Committee.

Strategy/Consumer Protection Committee

Strategy/Consumer Protection Committee under the Board of Directors consists of seven Directors, of whom Mr. Wang Bin is the principal member. The other members are Mr. Liu Jiade, Ms. Zhang Di,  Mr. Xin Xuwu, Mr. Li Zimin, Mr. Wang Zhenzhong and Mr. Alvin Chua.

The primary responsibilities of Strategy/Consumer Protection Committee are: researching and working out operation objectives and medium-to long-term development strategies for the Bank; supervising and evaluating the implementation process of the Bank¡¯s strategies; supervising, examining and evaluating the implementation of annual operation plans and investment proposals; studying and deliberating material investment and financing proposals and M&A proposals; researching and working out strategies, policies and objectives for consumer protection, and so on.

Risk Management Committee

Risk Management Committee under the Board of Directors consists of six Directors, of whom Mr. Tang Xiaoqing is the principal member. The other members are Mr.Yin Yi, Mr. Zhu Ning, Mr. Chen Yachu, Ms. Li Yanfang and Mr. Cai Chengwei.

The primary responsibilities of Risk Management Committee are: reviewing risk management strategies, risk management policies, material risk management matters and material assets disposal projects of the Bank, controlling, managing, evaluating and supervising risks of the Bank, and so on.

Nomination and Remuneration Committee

Nomination & Remuneration Committee under the Board of Directors consists of seven Directors, of whom Mr. Wang Zhenzhong is the principal member. The other members are Mr. Tang Xiaoqing, Mr. Zhu Ning, Mr. Li Zimin, Mr.Xin Xuwu, Mr. Zhao Lijun and Mr. Alvin Chua.

The primary responsibilities of Nomination & Remuneration Committee are: formulating procedures and standards of electing Directors and Senior Executives, conducting preliminary review of the qualifications of Director and Senior Executive candidates, formulating evaluation system, payment policy and incentives scheme for Directors and Senior Executives, supervising implementation of the said policy and scheme, and so on.

Audit Committee

Audit Committee under the Board of Directors consists of six Directors, of whom Mr. Alvin Chua is the principal member. The other members are Mr. Zhu Ning, Ms. LI Yanfang, Ms. Lin Jiaorong, Mr. Zhao Lijun, and Mr. Cai Chengwei.

The primary responsibilities of Audit Committee are: examining, supervising and evaluating internal audit work of the Bank and audit work of external audit institution, auditing the Bank¡¯s financial information and disclosure thereof and significant financial policies and implementation thereof, supervising annual audit work of the Bank, and so on.

Connected Transaction Control Committee

Connected Transaction Control Committee under the Board of Directors consists of four Directors, of whom Mr. Chen Yachu is the principal member. The other members are Mr.Tang Xiaoqing, Ms. Lin Jiaorong and Mr. Cai Chengwei.

The primary responsibilities of Connected Transaction Control Committee are: reviewing and urging the formulation and implementation of administrative measures on connected transactions of the Bank, supervising the establishment and improvement of management system of connected transactions of the Bank, examining and evaluating connected transactions of the Bank, controlling risks associated with connected transactions, and so on.