CITIC BANK (00998.HK): Lu Tiangui's director qualification approved by NFRA, takes office as Executive Director from 17 August

NewTimeSpace News: On 20 August 2026, China CITIC Bank Corporation Limited (stock code: 00998) announced that it has recently received the Approval of the National Financial Regulatory Administration (NFRA) on Lu Tiangui's qualification as a director of China CITIC Bank (Jin Fu [2026] No. 455), under which the NFRA has approved Mr. Lu Tiangui's qualification to serve as a director of the Bank.

According to the announcement, Mr. Lu Tiangui has taken office as an Executive Director of the Bank since 17 August 2026 (the date of NFRA's approval of his director qualification); during his tenure as Executive Director, he will not receive any director's allowance from the Bank but will receive corresponding remuneration according to his position in accordance with relevant regulations; he has also served as a member of the Strategy and Sustainable Development Committee and the Risk Management Committee of the seventh session of the Board since 17 August 2026, and as Chairman of the Risk Management Committee.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.