Bank of Jiujiang Co., Ltd. Announces Management Changes
February 11, 2022 at 12:31 pm
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The board of Bank of Jiujiang Co., Ltd. announces that, on 11 February 2022, the Board received the resignation letter from Mr. Liu Xianting the Chairman of the Bank. Mr. Liu has applied to resign as the Chairman of the Bank, the executive Director and the chairman of the Strategy Committee of the Board and member of the Nomination and Remuneration Committee of the Board due to his mandatory age for retirement, and his resignation shall take effect from 11 February 2022. The Board announces that, on 11 February 2022, the Board resolved to propose to elect Mr. Xiao Jing as the executive Director of the six session of the Board, with a term from the date of approval of his Director's qualification by the China banking and insurance regulatory authorities to the expiry of the term of the sixth session of the Board. The Board announces that, on 11 February 2022, the Board resolved to appoint Mr. Xiao as the President of the Bank, with a term from the date of approval of his qualification by the China banking and insurance regulatory authorities to the expiry of the term of the sixth session of the Board. Mr. Xiao is eligible for re-election upon expiration of the term of office. Meanwhile, the Board resolved to dismiss Mr. Pan Ming ("Mr. Pan") from the position of the President of the Bank, with effect from 11 February 2022. The Board hereby announces that, on 11 February 2022, the Board resolved to adjust the composition of the following special committees of the Board with effect from 11 February 2022 until the expiration of the term of the sixth session of the Board. Mr. Pan was appointed as the chairman of the Strategy Committee of the Board and a member of the Nomination and Remuneration Committee of the Board, and ceased to be the chairman of
the Risk Management Committee of the Board and a member of the Related Party Transactions Control Committee of the Board; Mr. Yuan Delei, the executive Director of the Bank, was appointed as the chairman of the Risk Management Committee of the Board and a member of the Related Party Transactions Control Committee of the Board; Mr. Yuan Delei, the executive Director of the Bank, was appointed as the chairman of the Risk
Management Committee of the Board and a member of the Related Party Transactions Control Committee of the Board.
Bank of Jiujiang Co., Ltd is a China-based commercial bank principally engaged in providing financial services to small and micro enterprises, individual business owners and the general public. The Company operates its businesses mainly through four segments. The Corporate Banking segment is engaged in providing corporate customers with financial products and services, including corporate loans, corporate deposits and fee- and commission-based products and services. The Retail Banking segment mainly provides products and services to retail banking customers, including loans, deposits, bank cards, and other fee- and commission-based services. The Financial Market segment is engaged in money-market transactions, investments in Standard Investment Products and Non-standard Credit Assets, equity investments, bond underwriting, as well as wealth management business. The Others segment is engaged in other businesses.
BANK OF JIUJIANG CO., LTD. 
