CITIC Bank gets approval for new president

China CITIC Bank Corporation Limited announced that Mr. Lu Wei's qualification for the position of president has been approved. The decision follows a board meeting on February 20, 2025, where the appointment of Mr. Lu Wei was initially discussed and approved. The approval was granted by the China National Financial Regulatory Administration, as stated in the document "Jin Fu (2025) No. 251." Mr. Lu Wei will officially assume the role of President of China CITIC Bank on April 21, 2025. Further details regarding Mr. Lu Wei's background are available on the Shanghai Stock Exchange website (www.sse.com.cn) and the bank's website (www.citicbank.com). The board of directors has expressed their welcome to Mr. Lu Wei on his appointment.