BOC Aviation Limited announced that Mdm. Zhang Xiaolu has been appointed as chairman of the board with effect from 30 June 2024. Mdm.

Zhang remains as a member of the Strategy and Budget Committee. Mdm. Zhang, aged 56, is currently the General Manager of Equity Investment and Subsidiary Management Department of Bank of China Limited (BOC).

She joined the Company as Deputy Managing Director, an Executive Director and Vice Chairman of the Board in January 2020, and was redesignated as a Non-executive Director and left her executive role of the company in April 2024. Prior to that, Mdm. Zhang had worked at BOC since July 1990 in various positions, including serving as Deputy CEO and COO at Bank of China (Suisse) S.A., as an Executive Director and Special Advisor of Bank Julius Baer & Co.

Ltd. in Zurich and as Deputy General Manager of BOC Luxembourg Branch and Bank of China (Luxembourg) S.A. Mdm. Zhang graduated with a Bachelor of Economics degree from Beijing Union University in 1990, a Bachelor of Arts degree from Beijing Foreign Studies University in 2006 and a Master's degree in Business Administration from Southwestern University of Finance and Economics in 2000.