Cathay Financial Announces Resignation of Director at Subsidiary Cathay Asset Management
Key facts
- Cathay Financial Announces Resignation of Director at Subsidiary Cathay Asset Management
- Cathay Financial Holding has announced that Mr. Kuo Ming-Chien, a corporate director at its subsidiary Cathay Asset Management, has resigned effective June 22, 2026. No successor has been appointed.
- Source: PR Times
- Date: June 22, 2026
Direct answer
Cathay Financial Holding has announced that Mr. Kuo Ming-Chien, a corporate director at its subsidiary Cathay Asset Management, has resigned effective June 22, 2026. No successor has been appointed.
- Citation
- Cathay Financial Announces Resignation of Director at Subsidiary Cathay Asset Management (June 22, 2026), PR Times
- Source
- PR Times
- Date
- June 22, 2026
Cathay Financial Holding has announced that Mr. Kuo Ming-Chien, a corporate director at its subsidiary Cathay Asset Management, has resigned effective June 22, 2026. No successor has been appointed.
📋 Article Processing Timeline
- 📰 Published: June 22, 2026 at 09:00
- 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 23, 2026 at 17:52 (52 min after Collected)
1. Date of Change: 2026/06/22
2. Category of Personnel Affected (Corporate Director, Corporate Supervisor, Independent Director, Individual Director, or Individual Supervisor): Corporate Director
3. Former Position and Name: Director / Kuo Ming-Chien
4. Former Director's Background: Chairman of Cathay United Bank
5. New Appointee's Position and Name: None
6. New Appointee's Background: None
7. Nature of Change (Resignation, Removal, Term Expiry, Death, or New Appointment): Resignation
8. Reason for Change: Resignation
9. Shareholding of New Appointee at Time of Election: 150,000,000 shares
10. Original Term: July 18, 2023 ~ July 17, 2026
11. Effective Date of New Appointment: None
12. Director Turnover Rate During Same Term: 16.7%
13. Independent Director Turnover Rate During Same Term: Not Applicable
14. Supervisor Turnover Rate During Same Term: None
15. Is More Than One-Third of Directors Changing? No
16. Other Matters to Note (If the Entity Involved is a Publicly Listed Company, This Announcement May Qualify as a Material Event Under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act That Could Significantly Affect Shareholder Rights or Stock Price): None
2. Category of Personnel Affected (Corporate Director, Corporate Supervisor, Independent Director, Individual Director, or Individual Supervisor): Corporate Director
3. Former Position and Name: Director / Kuo Ming-Chien
4. Former Director's Background: Chairman of Cathay United Bank
5. New Appointee's Position and Name: None
6. New Appointee's Background: None
7. Nature of Change (Resignation, Removal, Term Expiry, Death, or New Appointment): Resignation
8. Reason for Change: Resignation
9. Shareholding of New Appointee at Time of Election: 150,000,000 shares
10. Original Term: July 18, 2023 ~ July 17, 2026
11. Effective Date of New Appointment: None
12. Director Turnover Rate During Same Term: 16.7%
13. Independent Director Turnover Rate During Same Term: Not Applicable
14. Supervisor Turnover Rate During Same Term: None
15. Is More Than One-Third of Directors Changing? No
16. Other Matters to Note (If the Entity Involved is a Publicly Listed Company, This Announcement May Qualify as a Material Event Under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act That Could Significantly Affect Shareholder Rights or Stock Price): None
FAQ
Is Mr. Kuo Ming-Chien's resignation unexpected?
His term was set to end on July 17, 2026, so this resignation appears to be within normal governance procedures.
Will this affect Cathay Asset Management's operations?
With a 16.7% turnover rate, the impact on decision-making is expected to be minimal.
When will the new director be announced?
No date has been set, but such appointments typically follow within a few months.