SPDB announces resignation of Vice President Liu Yiyan

Shanghai Pudong Development Bank (SSE:600000) announced today that Vice President and Chief Risk Officer Liu Yiyan has resigned from his position due to age, effective May 6, 2025. According to the company's articles of association, the resignation was accepted by the board of directors. The board expressed its gratitude to Mr. Liu for his dedication and contributions to the bank, particularly during his tenure as head of operations. SPDB credited Mr. Liu with strengthening risk management, promoting innovation and transformation, and enhancing the bank's overall competitiveness. The board also acknowledged his role in supporting the company's "digital intelligence" strategy and high-quality development initiatives.