What is the reason for this board change?

The directors' term ended, and reappointment was approved at the shareholders' meeting.

Who are the newly appointed directors?

Tai-Keh Cheng, Noor Menai, and Tsai-Jay Hsia as directors; Terrence J. Grasmick and Joseph H. Tseng as external directors.

When does the new term begin?

The new term begins on July 2, 2026, Taiwan time.

Is there any change in board composition?

No, the board composition remains unchanged with all incumbents reappointed.

Why is the U.S.-Taiwan time difference important?

The appointment takes effect on July 1, U.S. time, which is July 2 in Taiwan, requiring precise date alignment.

CTBC Financial Holding Announces Board of Directors Appointment List for Subsidiary CTBC Capital Corp.

Published Jun 30, 2026 9:00 AM ・ Updated Jul 2, 2026 1:34 PM ・ 4 min read ・ Source: PR Times

CTBC Financial Holding has announced the reappointment of directors for its subsidiary, CTBC Capital Corp., following the expiration of the previous term. All incumbent directors have been re-elected.

1. Date of Change: June 30, 2026 2. Category of Appointed or Changed Personnel (Corporate Director, Corporate Supervisor, Independent Director, Individual Director, or Individual Supervisor): Individual Director 3. Former Personnel Titles and Names: (1) Director, Tai-Keh Cheng (2) Director, Noor Menai (3) Director, Tsai-Jay Hsia (4) External Director, Terrence J. Grasmick (5) External Director, Joseph H. Tseng 4. Former Personnel Resumes: (1) Tai-Keh Cheng: Chairman of CTBC Capital Corp. (2) Noor Menai: Director of CTBC Capital Corp. (3) Tsai-Jay Hsia: Director of CTBC Capital Corp. (4) Terrence J. Grasmick: External Director of CTBC Capital Corp. (5) Joseph H. Tseng: External Director of CTBC Capital Corp. 5. Newly Appointed Personnel Titles and Names: (1) Director, Tai-Keh Cheng (2) Director, Noor Menai (3) Director, Tsai-Jay Hsia (4) External Director, Terrence J. Grasmick (5) External Director, Joseph H. Tseng 6. Newly Appointed Personnel Resumes: (1) Tai-Keh Cheng: Chairman of CTBC Capital Corp. (2) Noor Menai: Director of CTBC Capital Corp. (3) Tsai-Jay Hsia: Director of CTBC Capital Corp. (4) Terrence J. Grasmick: External Director of CTBC Capital Corp. (5) Joseph H. Tseng: External Director of CTBC Capital Corp. 7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Deceased', or 'New Appointment'): End of Term 8. Reason for Change: Appointment by Shareholders' Meeting 9. Number of Shares Held by New Appointees at Time of Appointment: Not Applicable 10. Previous Term (e.g., 07/02/2025 ~ 07/01/2026): 07/02/2025 ~ 07/01/2026 11. Effective Date of New Appointment: 07/02/2026 12. Director Turnover Rate During Same Term: Not Applicable 13. Independent Director Turnover Rate During Same Term: Not Applicable 14. Supervisor Turnover Rate During Same Term: Not Applicable 15. Is More Than One-Third of Directors Changed? (Yes or No): No 16. Other Matters to be Clarified: Due to time zone differences between the U.S. and Taiwan, this appointment takes effect on July 1, 2026, U.S. time, which corresponds to July 2, 2026, Taiwan time.

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Source: PR Times
Category: 人事
Organizations: CTBC Capital Corp.

CTBC Financial Holding Announces Board of Directors Appointment List for Subsidiary CTBC Capital Corp.

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