For the best experience, change the screen to portrait mode.
:::
Succession planning for board members
- The Bank’s Articles of Incorporation stipulate that the election of the Bank’s Board of Directors shall be performed through candidate nomination mechanism, simultaneously in accordance with the procedures set in the Bank’s"Articles of Incorporation" and "Rules for Director Elections" and other relevant regulations. The Bank arranges suitable successors of the Board of Directors who are meet the structure, diversity policy and professional capability requirement of the composition of the board of director set in the" Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies" and the " Regulations Governing Qualification Requirements and Concurrent Serving Restrictions and Matters for Compliance by the Responsible Persons of Banks".
- In terms of the board structure, according to the Bank’s"Articles of Incorporation" and the "Regulations Governing Qualification Requirements and Concurrent Serving Restrictions and Matters for Compliance by the Responsible Persons of Banks," the Board of Directors of the Bank shall comprise nine directors, the number of independent directors shall be no less than three persons and no less than one-third of the total number of directors. The number of directors who are not government agencies, juristic person, or representatives thereof, should also meet the aforementioned qualification requirements. The term of the 27th Board of Directors of the Bank were elected by the shareholders' meeting in June 16, 2023, comprises nine directors (including three independent directors and six non-independent directors, and four directors are not government agency, juristic person, or their representatives ). In addition to considering structure, the following aspects are also be discreetly considered:
- 1. The Board of Director’s Diversity
- To improve the diversification of the Board of Directors, the Bank's" Corporate Governance Best Practice Principles" stipulate the diversity policy of Bank’s Board. The composition of the board of directors shall considering the basic requirements and values such as gender, age, nationality, race, and culture, and professional knowledge and skills come from their professional background professional skills and industry experience.
- 2. The professional capabilities of the directors
- The Bank consider external corporate governance trends, business development needings, and changes in internal and external conditions, at any time, to provide various professional thematiccourses regularly. Those coures divided into core program and specialized program, which including legal obligations and responsibilities of directors, structure and operation of the board, improvement of of the board , finance, accounting, sustainable development, relationship between board members and the management team, Board of Director's meeting and shareholders' meeting affairs, business and commerce of the industry where the company does business, risk management, internal control, and digital governance.
- 3. Evaluation Result of the Performance of the Board of Director
- The Bank also sets out the " Rules of Performance Evaluation of the Board of Directors " to measure the effectiveness of the Board of Directors' operation through criteria such as " Alignment of the goals and missions of the Bank ", " Awareness of the duties of a director ", " Participation in the operation of the Bank", " Management of internal relationship and communication", " The director’s professionalism and continuing education ", "internal control" and "Attention to environmental, social, and governance(ESG)". The evaluation results serve as a reference for future selection or nomination of director candidates.
- Referring to the disclosure information in the Bank’s annual report, the specific management objectives of diversity of the Board of Directors are gender equality and diverse professional backgrounds. As of now, we have made progress in achieving these objectives:
- 1. The Board of directors includes four female directors, the policy on diversity set in the Corporate Governance Best Practice Principles of the Bank , the proportion of female directors in the board of directors reach one-third of the directors has achieved.
- 2. The current Board of Directors’ members of the Bank have backgrounds including accounting, finance, business, banking, insurance, law, technology, securities, venture capital, administration, taxation, asset management, economics, monetary policy, information management, e-commerce and internet marketing, etc. The selection of suitable candidates for the board will continue based on the operational and development needs of the bank.
- Therefore, in addition to planning for the succession of the Board of Directors by recommending candidates from shareholders, the Bank's business goals and direction are also be took into account, as well as the diversity of the Board of Directors, the overall professional competence required of the Board of Directors, and the results of the Board of Directors' performance evaluation when nominating directors for re-election.
.png)
© CHB All rights reserved.
Customer service center single representative number：+886-412-2222
Mobile please dial +886-2-412-2222/0800-365-889(Local call only)
