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ICBC Announces Retirement of Independent Director Fred Zuliu Hu

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ICBC Announces Retirement of Independent Director Fred Zuliu Hu

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Industrial and Commercial Bank of China ( (HK:1398) ) has shared an update.

Industrial and Commercial Bank of China Limited announced the retirement of Mr. Fred Zuliu Hu from his role as Independent Non-executive Director, along with his positions on various committees, effective April 30, 2025. Mr. Hu’s departure marks the end of a term during which he made significant contributions to the bank’s corporate governance and strategic planning. The bank’s Board of Directors expressed their gratitude for his diligent service and contributions.

More about Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited is a major financial institution in China, offering a wide range of banking services including corporate governance, strategic planning, audit supervision, and risk management. It is a joint stock limited company incorporated in the People’s Republic of China with a focus on both domestic and international markets.

YTD Price Performance: 18.50%

Average Trading Volume: 25,040

Technical Sentiment Signal: Sell

Current Market Cap: $331B

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