Guangzhou Rural Commercial Bank Proposes New Executive Director Appointment

An update from Guangzhou Rural Commercial Bank Co. Ltd. Class H ( (HK:1551) ) is now available.

Guangzhou Rural Commercial Bank Co., Ltd. has announced the proposed appointment of Mr. Tan Bo as an executive director for its fourth board session. Mr. Tan, who holds a doctoral degree in economics and has extensive experience in the banking sector, currently serves as the deputy secretary of the Party Committee and assistant to the president of the Bank. His appointment is subject to approval at the general meeting and by the Guangdong Bureau of National Financial Regulatory Administration. If approved, Mr. Tan will not receive director’s fees, but his remuneration will include a basic salary, performance remuneration, and other benefits, which will be disclosed in the Bank’s annual report.

More about Guangzhou Rural Commercial Bank Co. Ltd. Class H

Guangzhou Rural Commercial Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the banking sector. It is not an authorized institution under Hong Kong’s Banking Ordinance, thus not subject to the supervision of the Hong Kong Monetary Authority, and does not conduct banking or deposit-taking business in Hong Kong.

Technical Sentiment Signal: Buy

Current Market Cap: €2.76B

See more data about 1551 stock on TipRanks’ Stock Analysis page.