Weihai City Commercial Bank Announces Board Structure

Weihai City Commercial Bank Co., Ltd. Class H (HK:9677) has released an update.

Weihai City Commercial Bank Co., Ltd. has released an updated list of board members, including executive, non-executive, and independent non-executive directors, with several awaiting qualification approval from the Shandong Office of the National Financial Regulatory Administration. The document outlines the various committees within the bank and the roles of each director, including chairpersons and vice chairpersons of strategic development, risk management, and other key areas. The bank is not authorized to operate as a banking institution in Hong Kong under the local Banking Ordinance.

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