How does CTBC decide on the lifting of non-compete clauses?

Decisions are made by the Board of Directors, requiring unanimous consent excluding the director in question, ensuring high compliance standards.

What happens when a non-compete clause is lifted?

The director is officially authorized to hold a concurrent position at the specified competitive entity.

Which role was Mr. Chang Ming-chieh authorized to hold concurrently?

He was authorized to serve as the Chief Economist at FountainVest investment bank.

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CTBC Holding: Subsidiary CTBC Securities Announces Lifting of Non-Compete Restriction for Director

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CTBC Securities, a subsidiary of CTBC Holding (2891), has approved the lifting of the non-compete restriction for its director, Chang Ming-chieh, following a board resolution. Chang will serve concurrently as the Chief Economist at FountainVest investment bank.

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Frequently Asked Questions

Q: How does CTBC decide on the lifting of non-compete clauses?: A: Decisions are made by the Board of Directors, requiring unanimous consent excluding the director in question, ensuring high compliance standards.
Q: What happens when a non-compete clause is lifted?: A: The director is officially authorized to hold a concurrent position at the specified competitive entity.
Q: Which role was Mr. Chang Ming-chieh authorized to hold concurrently?: A: He was authorized to serve as the Chief Economist at FountainVest investment bank.