:::

Corporate Governance

Responsibility of the board of directors, managerial officers and corporate governance officer

A. Except the matters which shall be subject to decisions to be resolved by the shareholders’ meeting according to law or according to the Bank’s Articles of Incorporation, all business affairs of the Bank shall be duly handled under the decisions to be resolved by the board of directors.  The board of directors shall have the following powers, duties and responsibilities:

  1. Review and finalize mid-term and long-term strategic plans.
  2. Review and finalize organizational rules and major rules and regulations.
  3. Propose increase/decrease of capital.
  4. Review and finalize decisions on establishment, dissolution or change in branch banks.
  5. Review and finalize the Bank’s budgets, final accounts.
  6. Propose for allocation of surplus earnings or coverage of losses.
  7. Appoint or discharge managerial officers.
  8. Take charge of issues assigned by the chairman.
  9. Exercise other powers, duties and responsibilities bestowed by laws and/or regulations concerned or the shareholders’ meeting.
 
B.The president shall generally handle all affairs of the bank according to resolutions adopted at the board of directors. The senior executive vice presidents, executive vice presidents, deputy executive vice presidents, and managers shall assist the president in handling such affairs.
 

C. Mr. Shiu-Yen Lin, First Deputy Executive Vice President, the secretarial officer of the board, who has been in a managerial position for more than ten years in handling legal affairs, business operation affairs, and board of directors meetings affairs is appointed as the chief corporate governance officer in charge of corporate governance affairs including at least the following matters:

  1. Handling of matters relating to board of directors meetings and shareholders meetings in compliance with law;
  2. Preparation of minutes of the board of directors meetings and shareholders meetings;
  3. Assistance in onboarding and continuing education of the directors;
  4. Provision of information required for performance of duties by the directors;
  5. Assistance in the directors' compliance of law; and
  6. Other matters described or established in the articles of incorporation or under contract.
 
PrintTOPBackShare Sharing to Facebook Sharing to Plurk Sharing to Twitter