Shang Hai Zheng Quan Bao·2025-12-05 19:50Group 1 - The core point of the announcement is the appointment of Mr. Cai Zhao as an executive director of Bank of China, effective from December 3, 2025, following approval from the National Financial Regulatory Administration [1][2] - Mr. Cai Zhao will also serve as a member of the Strategic Development Committee and the Risk Policy Committee of the bank [1] - His term as an executive director is set for three years, and the board welcomes his addition [1] Group 2 - Mr. Cai Zhao does not receive director remuneration from the bank or its subsidiaries but will earn a salary based on his management position, which includes a basic annual salary, performance-based salary, and contributions to social insurance and housing provident fund [2] - In the past three years, Mr. Cai Zhao has not held any directorships in other listed companies and has no relationships with other directors, senior management, or major shareholders of the bank [2] - There are no additional disclosures required under the Hong Kong Stock Exchange Listing Rules regarding Mr. Cai Zhao's appointment [2] Group 3 - The announcement also includes the appointment of Mr. Liu Chenggang as the Secretary of the Board and Company Secretary, effective from December 3, 2025 [3][4] - Mr. Liu Chenggang has been with the bank since 1994 and has held various significant positions, including Vice President and President of the Shanghai RMB Trading Business Headquarters [4] - His educational background includes degrees in economics and finance from reputable institutions, and he holds qualifications as a senior accountant and a Chartered Financial Analyst [4]