Another bank cancels its board of supervisors, accelerating the construction of a new corporate governance framework in the banking industry.

date
31/05/2025
The banking industry is accelerating the construction of a new governance framework! On May 29, Everbright Bank announced the resolution of the 28th meeting of the ninth board of directors, showing that the board of directors has approved the proposal of "no longer establishing a board of supervisors for China Everbright Bank Co., Ltd.", which has been approved by a special meeting of independent directors. This is another bank, following the five major state-owned banks, China Merchants Bank, and Huaxia Bank, to announce the progress of this reform.