rouletteonlinebonus| The sole director has been re-elected for more than 6 years and still receives allowances without resigning. Bank of Xi'an was ordered to correct

Listed banks were fined for prolonged "service". On April 25th, Xi'an Bank (600928) issued a "notice on receipt of the decision on Administrative Supervision measures of Shaanxi Securities Regulatory Bureau". On April 25, 2024, the bank received a "decision on ordering corrective regulatory measures against Xi'an Bank Co., Ltd., Liao Zhisheng" issued by Shaanxi Securities Regulatory Administration of China Securities Regulatory Commission (hereinafter referred to as Shaanxi Securities Regulatory Bureau).

Picture sourceRouletteonlinebonusXi'an Bank announcement

The main contents of the decision on administrative supervision measures show that after investigation, the current independent directors of Xi'an Bank, Luo Guoyu and Liao Zhisheng, have served for six consecutive years as of November 2022. Guo Guoyu submitted his resignation report to the bank in March 2023, but the bank has not yet completed the by-election of independent directors. Liao Zhisheng, knowing that he has served for more than six years in a row, continues to serve and receives allowances, and has not submitted a written resignation report to the board of directors.

The above problems violate the provisions of articles 13 and 15 of the measures for the Administration of Independent Directors of listed companies, and in accordance with Article 44 of the measures for the Administration of Independent Directors of listed companies, Shaanxi Securities Supervision Bureau decided to take regulatory measures to order Xi'an Bank and independent director Liao Zhisheng to correct. In view of the above-mentioned non-standard corporate governance, the Shaanxi Securities Supervision Bureau pointed out that a written rectification report should be submitted to the bureau within 15 working days from the date of receipt of this decision.

In response, Xi'an Bank pointed out that during his tenure as an independent director of the bank, Liao Zhisheng was able to strictly abide by the relevant laws and regulations, faithfully, diligently and independently perform the corresponding duties, and attached great importance to the relevant requirements of the independence of independent directors. Since the first written communication of resignation on August 6, 2022, the bank has repeatedly urged the bank to promote the adjustment of independent directors. During this period, Liao Zhisheng gave maximum understanding and cooperation to the bank's request to suspend his resignation as an independent director to ensure the effective operation of the bank's governance. At the same time, Xi'an Bank said it apologized for the impact on Liao Zhisheng and Guo Guoyu caused by the delay in the adjustment of independent directors. At the same time, it will also actively rectify and reform in strict accordance with the requirements of the Shaanxi Securities Supervision Bureau, adjust the independent directors as soon as possible, and simultaneously do a good job in supporting and connecting the transition period, so as to ensure the operation of the bank's board of directors.