Luzhou Bank Revamps Leadership Selection Process

Luzhou Bank Co., Ltd. Class H (HK:1983) has released an update.

Luzhou Bank Co., Ltd. has revised the Terms of Reference for its Nomination and Remuneration Committee to enhance its corporate governance and remuneration management. The committee, composed mostly of independent directors, is responsible for providing proposals on the bank’s board structure and for the nomination and review of board members and senior executives. The committee’s operations are aimed at ensuring the bank’s leadership is aligned with its strategic objectives and regulatory requirements.

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