Gelonghui reported on January 2 that the Postal Savings Bank Of China (01658.HK) announced that the Board of Directors held a meeting on January 2, 2025, to review and approve the proposal to nominate Zheng Guoyu as a candidate for non-executive director of the bank. The proposal to elect Zheng Guoyu as the bank's non-executive director will be submitted to the bank's shareholder meeting for deliberation. Zheng Guoyu's qualification for the directorship is subject to approval by the National Financial Supervisory and Administration, and his term as director is three years, calculated from the date of approval of his qualification by the National Financial Supervisory and Administration.
On the same day, the Board of Directors also reviewed and approved the proposal to elect Zheng Guoyu as the bank's chairman. His qualifications as chairman are also subject to approval by the National Financial Supervisory and Administration, with a term of three years, calculated from the date of approval of his qualification by the National Financial Supervisory and Administration.
