Guangzhou Rural Commercial Bank Co. Ltd. Class H (HK:1551) has released an update.
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Guangzhou Rural Commercial Bank has revised its Nomination and Remuneration Committee’s terms to enhance corporate governance. The committee, primarily composed of independent directors, is responsible for nominating and appraising directors and senior management, ensuring their alignment with the bank’s strategic goals. This move aims to improve decision-making and strengthen the bank’s leadership structure.
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