China Banking Corporation announced that at the board of director's organizational meeting held on May 2, 2019, appointed Mr. Alberto S. Yao as Lead Independent Director. The meeting also approved re-organisation of board committees. Executive Committee: Hans T. Sy - Chairman, Gilbert U. Dee – Member, Peter S. Dee – Member, Joaquin T. Dee – Member and William C. Whang – Member. Trust Investment Committee: Herbert T. Sy - Chairman, Peter S. Dee – Member, Jose T. Sio – Member, William C. Whang – Member and Mary Ann T. Lim – Member. Audit Committee: Angeline Ann H. Hwang – Chairman, Alberto S. Yao – Member, Margarita L. San Juan – Member and Philip S. L. Tsai – Member. Compliance Committee: Hans. T. Sy – Chairman, Joaquin T. Dee – Member and Alberto S. Yao – Member. Risk Oversight Committee: Margarita L. San Juan – Chairman, Hans T. Sy – Member and Alberto S. Yao – Member. Remuneration Committee: Philip S.L. Tsai – Chairman, Hans. T. Sy– Member, Harley T. Sy - Member, Alberto S. Yao – Member and Margarita L. San Juan – Member. Corporate Governance Committee: Philip S. L. Tsai – Chairman, Alberto S. Yao – Member, Margarita L. San Juan – Member and Angeline Ann H. Hwang– Member. Related Party Transaction Committee: Philip S.L. Tsai – Chairman, Alberto S. Yao – Member, Margarita L. San Juan – Member and Angeline Ann H. Hwang– Member.