The Bank of East Asia, Limited Announces the Resignation of Isidro Fainé Casas as Non-Executive Director and Member of the Nomination Committee
April 24, 2020 at 04:57 am EDT
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The Bank of East Asia, Limited announced that Dr. Isidro FAINÉ CASAS has tendered his resignation as a Non-executive Director ("NED") of the Bank with effect from the conclusion of the Annual General Meeting of the Bank held
on 24th April, 2020. Accordingly, he also ceased to be a Member of the Nomination Committee (the "NC") of the Bank at the same time.
Bank of East Asia Ltd is a company mainly engaged in the banking business. The Company operates its business through nine segments. The Mainland China Operations segment mainly include the back office unit for Mainland China operations in Hong Kong, all subsidiaries and associates operating in Mainland China, except those subsidiaries carrying out data processing and other back office operations for Hong Kong operations in Mainland China. The Corporate Banking segment provides corporate lending and loan syndication, asset-based lending, commercial lending, securities lending and trade financing activities with correspondent banks and corporates. The Personal Banking segment is engaged in the branch operations, personal internet banking, consumer finance, property loans and credit card business to individual customers. The Overseas Operations segment provides back office unit for overseas banking operations in Hong Kong, Macau Branch, Taiwan Branch and all branches, subsidiaries and ass