ICBC board approves 2024 remuneration plans, green finance report

The Industrial and Commercial Bank of China (ICBC) board of directors convened on December 23, 2025, to pass several key resolutions, including the 2024 remuneration liquidation plans for directors, senior management, and supervisors. The board unanimously approved the report on the bank's green finance implementation over the past two years and the "Basic Regulations for Compliance Management (2025 Edition)." All 12 valid votes were cast in favor of these proposals.

For 2024, the total pre-tax remuneration paid by ICBC to its directors, supervisors, and senior management amounted to approximately RMB 1,492.63. This includes fixed salaries, social insurance, enterprise annuities, supplementary medical insurance, and housing provident fund contributions. For instance, chairman and executive director Liao Lin received RMB 116.65, while vice chairman, executive director, and president Liu Jun received RMB 77.87.

The board's decisions, including the 2024 remuneration plans, are pending approval at the bank's general shareholders' meeting. The independent directors expressed their agreement with the remuneration proposals, stating they comply with national regulations and the bank's articles of association.