Guangzhou Rural Commercial Bank Revamps Key Board Committee

Guangzhou Rural Commercial Bank Co. Ltd. Class H (HK:1551) has released an update.

Guangzhou Rural Commercial Bank has announced updates to its Nomination and Remuneration Committee, aimed at enhancing corporate governance and decision-making. The committee, composed of independent directors, is responsible for nominating and appraising directors and senior management, and reviewing performance criteria. This move reflects the bank’s commitment to maintaining robust governance practices and aligning with regulatory standards.

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