China Everbright Bank elects new board members, approves organizational changes

China Everbright Bank convened its Ninth Board of Directors’ Thirty-First Meeting on September 26, 2025, approving a slate of new directors for the upcoming Tenth Board. The meeting, attended by 14 of 16 eligible directors, including some via video conference, saw unanimous approval for all proposed resolutions.

The newly elected Tenth Board of Directors will include Wu Lijun, Cui Yong, Zhao Jingjing, Yao Wei, Zhang Mingwen, and Li Wei as shareholder-elected directors. Hao Cheng, Qi Ye, and Yang Bingbing are appointed as executive directors. Additionally, Li Yinquan, Liu Shiping, Huang Zhenzhong, Li Yingqi, Hu Xiang, and Liu Qiao are named independent non-executive directors. The terms for re-elected directors commence upon their shareholder approval, while new directors' terms begin after regulatory approval.

This transition sees Qu Liang and Zhu Wenhui stepping down from their board positions upon the expiry of their terms, with the bank expressing gratitude for their contributions. The board also approved the renaming of the Corporate Finance Department/Strategic Client Department and adjustments to the functions and organizational structure of the Transaction Banking Department and International Business Department.