PSBC (01658.HK): Yao Hong Retires as Executive Director, VP and CRO
On 6 November 2026, PSBC said Ms Yao Hong retired as executive director, vice president and chief risk officer, confirming no disagreement with the board.
Key Highlights:
- Ms Yao Hong resigned as executive director, vice president, chief risk officer and member of four board committees, effective 6 November 2026.
- She confirmed no disagreement with the board and no matters requiring notice to shareholders or creditors.
NewTimeSpace News: On 6 November 2026, Postal Savings Bank of China Co., Ltd. (Stock Code: 1658) announced that the board received the resignation of Ms Yao Hong, who stepped down as executive director, vice president, chief risk officer and member of four board committees upon reaching the statutory retirement age, effective 6 November 2026.
The announcement shows that Ms Yao confirmed she has no disagreement with the board and no matter requiring notice to shareholders or creditors, and has completed the handover. Her departure will not reduce the board below the statutory number.
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