Why did the independent director of Cooperative Bank resign?

Lin Hsuan-Chu resigned due to personal reasons, not due to any operational issues.

Has a successor been appointed?

Not yet; the bank will announce a qualified replacement in due course.

The resignation of one independent director does not exceed one-third, so impact is limited.

He is a professor specializing in accounting and financial management at NCKU.

Taiwanese securities regulations require disclosure of board changes for transparency.

Cooperative Bank has announced the resignation of independent director Lin Hsuan-Chu, effective June 18, 2026.

Q: Why did the independent director of Cooperative Bank resign?: A: Lin Hsuan-Chu resigned due to personal reasons, not due to any operational issues.
Q: Has a successor been appointed?: A: Not yet; the bank will announce a qualified replacement in due course.
Q: Will this affect the stock price?: A: The resignation of one independent director does not exceed one-third, so impact is limited.
Q: What is Lin Hsuan-Chu's expertise?: A: He is a professor specializing in accounting and financial management at NCKU.
Q: Why is this considered material information?: A: Taiwanese securities regulations require disclosure of board changes for transparency.