Bank of Beijing nominates new director and appoints president

Bank of Beijing (SSE: 601169) announced the resolutions passed at its Board of Directors meeting held on March 31, 2025. Key decisions included the nomination of Dai Wei as a candidate for director, to be submitted for shareholder approval, and the appointment of Dai Wei as the bank's president, pending regulatory approval. Additionally, Wang Xuesong has been nominated as an independent director candidate. An extraordinary shareholders' meeting is scheduled for April 16, 2025, to address these nominations. The nominations and appointments were reviewed and approved by the Nomination Committee. Dai Wei's appointment as president is effective upon regulatory approval.