Bank of China appoints new executive director, company secretary

Bank of China Limited has announced the appointment of Cai Zhao as an executive director, effective December 3, 2025. This follows his election at the 2025 third extraordinary general meeting on October 16, 2025, and subsequent approval from the National Financial Regulatory Administration. Cai Zhao will also serve on the strategic development committee and the risk policy committee of the board of directors for a three-year term.

In a related move, Liu Chenggang has been appointed concurrently as secretary to the board of directors and company secretary of the bank, also effective December 3, 2025. This appointment was approved by the board on October 28, 2025, and by the National Financial Regulatory Administration. Liu, born in 1972, joined the bank in 1994 and holds qualifications as a senior accountant and a CFA charterholder.

Liu Chenggang does not meet the full qualifications for company secretary under the listing rules, so the bank secured a waiver from the Hong Kong Stock Exchange. He will be assisted by Liu Lele as joint company secretary for three years. The bank expects Liu Chenggang to satisfy the requirements after this period.