The board of directors of Bank of Zhengzhou Co., Ltd. announced that Mr. ZHAO Fei resignation as the president of the Bank due to work adjustment had already become effective upon resignation report being served on the Board. Mr. ZHAO will continue to serve as the chairman of the Board, an executive Director, a member of the strategic development committee and a member of the consumer rights protection committee of the Board. Mr. SUN Haigang, a vice president of the Bank, shall perform the duties on behalf of the president before the qualification of new president is approved by the regulatory authorities.
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