New Chairman Appointed at Subsidiary Cathay United Bank
Original: 代子公司國泰世華銀行公告新任董事長
Summary
Cathay Financial Holdings, acting on behalf of its principal banking subsidiary Cathay United Bank (國泰世華銀行), has disclosed the appointment of a new Chairman. Cathay United Bank is the flagship banking arm of Cathay Financial Holdings and one of Taiwan's largest private-sector banks by assets, making a leadership transition at this level material to investors. Full body available on MOPS.
Full Translation
On behalf of its subsidiary Cathay United Bank, [Cathay Financial Holdings] announces the appointment of a new Chairman. Cathay United Bank (國泰世華銀行) is the primary banking subsidiary of Cathay Financial Holdings (國泰金控, TWSE: 2882) and a systemically significant institution in Taiwan's financial sector. Under TWSE listing rules, a change of Chairman at a major subsidiary constitutes a senior executive change requiring material-information disclosure by the parent holding company. [Body not available — subject line only. See MOPS for full announcement.]