Wu Tao approved to serve as Vice Chairman of the Board and President of Liaoning Rural Commercial Bank

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On March 24, the Liaoning Regulatory Bureau of the China Banking and Insurance Regulatory Commission approved Wu Tao’s appointment as Director and Vice Chairman of Liaoning Rural Commercial Bank Co., Ltd., and also approved Wu Tao’s appointment as President of Liaoning Rural Commercial Bank Co., Ltd.

The approval states that Liaoning Rural Commercial Bank should require the approved personnel to strictly comply with the relevant regulatory requirements of the China Banking and Insurance Regulatory Commission, take office within three months from the date of this administrative licensing decision, and report their appointment status in a timely manner. If they do not take office within the specified period, this approval document will become invalid, and the decision-making authority will handle the cancellation of the administrative license.

Liaoning Rural Commercial Bank should supervise the approved personnel to continuously learn and master relevant laws and regulations related to economics and finance, establish a strong awareness of risk compliance, familiarize themselves with their job responsibilities, and diligently perform their duties.

(China Banking and Insurance Regulatory Commission)

(Edited by: Qian Xiaorui)

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