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CTBC Financial Holding Announces Board Appointment List for Subsidiary CTBC Bank (Philippines) Corp.

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AI Summary (NQ-processed)

CTBC Bank (Philippines) Corp., a subsidiary of CTBC Financial Holding, announced board appointments effective July 3, 2026. Ya-Ling Chiu stepped down due to term expiration, and Jiang-Hong Liu has been newly appointed as director.

AI Analysis

Frequently Asked Questions

Q: What is the main content of this board change?
A: Ya-Ling Chiu stepped down due to term expiration, and Jiang-Hong Liu was appointed as new director. Others remain unchanged.
Q: What is the background of the newly appointed Jiang-Hong Liu?
A: Jiang-Hong Liu serves as Acting General Manager of International Individual Banking at CTBC Bank Co., Ltd.
Q: What is the reason and effective date of the change?
A: The change was approved at the shareholders' meeting and took effect on July 3, 2026.
Q: What is the turnover rate of the board?
A: Only one director changed, so the turnover rate is low and does not exceed one-third.
Q: What impact does this announcement have on shareholders?
A: This is a routine board renewal with no special impact on shareholders.