Bank of China (HK:3988) has released an update.
Bank of China Limited has announced that its Board of Directors has approved Chairman Mr. Ge Haijiao to temporarily perform the duties of the President until a new appointee is officially in place. The unanimous decision, with Mr. Haijiao abstaining due to a conflict of interest, follows the guidelines of the company law and the bank’s own Articles of Association. This resolution ensures leadership continuity within the bank during the transition period.
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