Postal Bank of China Proposes New Directors

Postal Savings Bank of China Co., Ltd. Class H (HK:1658) has released an update.

The Postal Savings Bank of China has announced the nomination of Mr. Liu Ruigang and Mr. Chen Binghua as candidates for non-executive director roles, pending approval by shareholders and the National Financial Regulatory Administration. The pair, both holding significant experience in financial supervision, are currently Directors at China Post Group Corporation Limited, and upon approval, will serve a three-year term. Notably, they will not hold directorships in other listed companies and will not receive remuneration from the Bank.

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