China Development Financial announced the change of President

2020-09-02
Announcements

Date of announcement 2020/09/02
Time of announcement 19:23:31
Date of events   2020/09/02 To which item it meets paragraph 6

Statement
 
1.Date of the board of directors resolution or date of occurrence of the change:2020/09/02
2.Position (Please enter chairperson or president/general manager):President
3.Name and resume of the previous position holder:Mr. Daw-Yi Hsu, Acting President , China Development Financial
4.Name and resume of the new position holder:Mr. Stefano Paolo Bertamini,Chief Executive Officer,Al Rajhi Bank, Saudi Arabia
5.Circumstances of change (Please enter ”resignation”, ”dismissal”,
”term expired” , ”job relocation”, ”severance”, ”retirement”,
”death” or ”new appointment”):Position adjustment
6.Reason for the change:Position adjustment
7.Effective date of the new appointment:Effective upon regulatory authority’s approval.
8.Any other matters that need to be specified:Before regulatory authority’s approval,Mr. Hsu will continue to act as President's position.

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