CDB INT'L INV (01062) has released an announcement detailing a change in board committee leadership. The company noted that Mr. Xian Ruimin, an independent non-executive director and current chairman of the board's remuneration committee as well as a member of the audit committee, will see his term as an independent non-executive director conclude on August 31, 2026. Consequently, Mr. Xian will also step down from his positions as chairman of the remuneration committee and as a member of the audit committee.
In a related move, Ms. Fang Xuan, an independent non-executive director and a member of the board's nomination, remuneration, and audit committees, has been appointed to succeed as chairman of the remuneration committee. This appointment will take effect on August 31, 2026.