• Audit Committee

    The Audit Committee consists completely of independent directors. It meets at least once every quarter, and additional meetings may be convened at any time deemed necessary. The Committee’s main areas of oversight include the:

     

    1. fair presentation of financial statements;
    2. appointment and dismissal of CPAs and the review of their independence and performance;
    3. effective implementation of internal controls;
    4. appropriateness of the procedures and plans for complying with internal regulations;
    5. control of existing and potential risks to the Company; and
    6. deliberation on mergers and acquisitions.
  • Remuneration Committee

    Members of the Remuneration Committee are appointed by Board resolution. The Committee comprises three or more members, at least one of whom must be an independent director. The convener must also be an independent director. The Committee meets at least twice a year. Its members are required to faithfully perform the following duties with due care and submit all resulting proposals to the Board of Directors for discussion:

    1. Formulate and regularly review the policies, system, standards, and structure of the performance assessment and remuneration of directors and managers.
    2. Regularly assess and formulate the remuneration of directors and managers.
  • Risk Management Committee

    The members of the Risk Management Committee are appointed by Board resolution. The Committee comprises no fewer than three directors, at least one of whom must be an independent director. It is convened a minimum of once every quarter, with additional meetings held whenever necessary.

    The purpose of the Committee is to assist the Board in identifying, overseeing, and communicating with management regarding potential risks facing the Company. A successfully functioning Committee will mean a healthy risk culture and managerial support being fostered across the entire organization.

  • Nomination Committee

    The Nomination Committee’s members are appointed via Board resolution. It must comprise at least three members, no less than half of whom are required to be independent directors. Committee meetings are convened at least twice a year, during which its members must faithfully perform the following duties with due care and submit all related proposals to the Board for discussion:

    1. Designate the independence and diversity standards of Board members and supervisors, such as their skills, experience, and gender.
    2. In accordance with these standards, find, review, and nominate candidates for director and supervisor positions at the Company and its subsidiaries.
    3. Establish and develop the organizational structure of the Board and each committee of the Company as well as its subsidiaries, and evaluate Board performance.
    4. Establish and review programs for the director continuing education initiative.
    5. Oversee the Company’s Corporate Governance Best Practice Principles.
    6. Handle other matters as assigned by the Board.
  • Ethics & Integrity committee

    The Ethics & Integrity Committee is completely composed of directors. It may have no fewer than three members, at least one of whom must be an independent director. Meeting at least twice a year, the Committee is responsible for formulating and monitoring integrity management policies and preventative plans. It executes the following duties, regarding which it regularly provides progress reports to the Board of Directors:

    1. Help integrate integrity and ethics into the Company’s business strategy and adopt fraud prevention measures to ensure the Company is in compliance with relevant laws.
    2. Establish programs to prevent dishonest behavior and develop operating procedures and behavioral guidelines to execute each program.
    3. For business activities at a higher risk of corruption, build checks and balances into the Company’s organization, structure, and distribution of authority.
    4. Promote policy knowledge and coordinate training on business integrity.
    5. In accordance with procedures for handling illegal and unethical or dishonest behavior, periodically verify reports submitted in the Company and its subsidiaries regarding relevant cases and their handling, ensuring the effectiveness of the offense-reporting system.
    6. Periodically review cases of unethical behavior submitted by the internal Employee Incentives and Punishment Committee regarding staff of the Company and its subsidiaries.
    7. Assist the Board of Directors and management in ensuring the effective operation of preventative measures established to maintain business integrity.
    8. Handle other matters related to the formulation and supervision of integrity management policies.
  • Sustainability Committee

    The members of this Committee are appointed by resolution of the Board of Directors. The Committee shall have no fewer than three members, at least one of whom shall be an independent director. The Committee meets at least twice a year. Its members are required to faithfully perform the following duties with due care:

    1. Review annual corporate sustainability plans and strategies.
    2. Review the implementation of corporate sustainability plans and preserve them for future reference.
    3. Supervise and examine the effectiveness of the implementation of corporate sustainability plans.
    4. Review the outlines of corporate social responsibility reports.
    5. Review other matters related to corporate sustainability and preserve them for future reference.
Independent Director Sheng-Yung, Yang

Sheng-Yung brings significant expertise in finance, accounting, and corporate planning to the Board.

In academia, he has earned renown for his research in finance and accounting, corporate strategy, international investment, financial institution management, and risk analysis. In the field, he has led development projects with private organizations as well as government agencies, including the Council for Economic Planning and Development of Executive Yuan. He has also served as an independent director at multiple listed companies.

Sheng-Yung holds a Ph.D. in finance from Drexel University. He has been dean and vice president of the International College of Providence University since 2016 and is a distinguished professor of finance at National Chung Hsing University.


Career highlights:

  • Head of Finance Department, National Chung Hsing University
  • Adjunct Professor of International Business, National Taiwan University
  • Dean of College of Management, Asia University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Secretary-General, Financial Engineering Association of Taiwan
  • CEO, EMBA Program Alliance of Taiwan
  • Member of Investment Committee, National Development Fund
  • Member of Operating Fund Committee, Bureau of Science Park
  • Lecturer, Training Institute, Ministry of Finance
  • Independent Director, Grand Bills Finance Corp.
  • Strategic Mentor, New Generation College, National Association of Small & Medium Enterprises

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd. 
  • Independent Director, CTBC Bank Co., Ltd.
  • Distinguished Professor of Finance, National Chung Hsing University
  • Independent Director, Nova Technology Corp.
  • Independent Director, JMicron Technology Corp.
  • Supervisor, Financial Engineering Association of Taiwan
  • Director, Chinese Robo-Advisor Association
  • Director, CTBC Business School
Independent Director Shih-Chieh, Chang

Shih-Chieh has invaluable expertise in insurance and risk management, and as such currently serves as the convener of both the audit and risk management committees.

A leading academic in risk management and actuarial science, Shih-Chieh held a number of positions in government and non-profit organizations prior to joining the Board. He served as a commissioner of the Financial Supervisory Commission from 2006 to 2010 and was an advisory committee member for the Risk Management Committee of Chunghwa Post, Taiwan’s national postal service. 

Shih-Chieh holds a Ph.D. in statistics from the University of Wisconsin–Madison and has been a professor at National Chengchi University’s Department of Risk Management and Insurance since 2000. He has also lectured internationally, including in Hong Kong and New Zealand.


Career highlights:

  • Independent Director, TLG Insurance Co., Ltd.
  • Director, CTBC Business School

  • Independent Director, CTBC Life Insurance Co., Ltd.
  • Member, Financial Supervisory Commission
  • Non-member director, Securities Investment Trust & Consulting Association of the R.O.C.
  • Member, Financial Ombudsman Institution
  • Director, Taiwan Insurance Institute
  • Director, Taiwan Insurance Guaranty Fund
  • Chairman, Insurance Anti-Fraud Institute
  • Member, Labor Funds Supervisory Committee, Ministry of Labor
  • Chairman, Pan-Asia Risk and Insurance Management Association
  • CEO, EMBA, College of Commerce, National Chengchi University
  • Director, Department of Risk Management and Insurance, National Chengchi University
  • Consultant for Financial White Papers, Taiwan Financial Services Roundtable Co., Ltd.

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Professor, Department of Risk Management and Insurance, National Chengchi University
  • Advisory Committee Member, Risk Management Committee, Chunghwa Post Co., Ltd.
  • Director, Risk Management Society of Taiwan 
  • Consultant, Public Service Pension Fund Supervisory Board
  • Member, Futures Trust Fund Risk Management Committee, Chinese National Futures Association
Independent Director Cheung-Chun, Lau

Over his 30-plus years with leading international financial institutions, Cheung-Chun has gained extensive experience in global financial markets, risk assessment, and regulatory matters.

Although based in financial centers around the globe, Cheung-Chun has spent much of his career engaged in Asia Pacific-centric strategic planning and business development. He has specialized in the origination and marketing of capital markets products, providing solutions for corporate and institutional customers in Asia and gaining insights into the insurance sector and corporate governance trends affecting the financial services industry.

Cheung-Chun served as senior vice president of ABN AMRO Bank from 2005 to 2010 and managing director of the Bank of Nova Scotia from 2010 to 2016, having previously been managing director of Westcom Capital from 2000 to 2002 and director of Citigroup Global Markets Asia from 2002 to 2005.

He holds an MBA in finance and international business from the University of Michigan.


Career highlights:

  • Independent Non-executive Director, Hong Leong Insurance (Asia) Limited 
  • Managing Director, The Bank of Nova Scotia 
  • Senior Vice President, ABN Amro Bank N.V. 
  • Director, Citigroup Global Markets Asia Limited 
  • Executive Director, UBS AG
  • Vice President, Bankers Trust Company 

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
Independent Director Chih-Cheng, Wang

Chih-Cheng has valuable expertise in regulatory compliance. Drawing on the knowledge and perspective gained over his career and honed in his current posts at the Taiwan Stock Exchange and CTBC Holding's security and insurance subsidiaries, he is a driving force behind the Company’s growing emphasis on good corporate governance and the improvements being made to its corporate governance mechanisms.

In addition to currently serving as a distinguished professor of finance and economics at National Chung Cheng University, Chih-Cheng previously held positions in government and non-profit organizations prior to joining the Board. He also previously served as director of the Financial Ombudsman Institution and commissioner of the Financial Research and Development Fund.

He holds a Ph.D. in law from National Chengchi University.


Career highlights:

  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director,  CTBC Life Insurance Co., Ltd.
  • Independent Director, CTBC Securities Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd
  • Director, Financial Ombudsman Institution
  • Commissioner, Financial Research and Development Fund
  • Adjunct professor, The Graduate Institute for Legal Sciences, Department of Law, National Cheng Kung University 
  • Adjunct professor, School of Management, National Taiwan University of Science and Technology 
  • Secretary & General Reviewer, Banking Bureau, Financial Supervisory Board

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, Dyaco International Co., Ltd.
  • Independent Director, Lucky Cement Co., Ltd.
  • Director, Securities and Futures Investors Protection Center
  • Consultative Commissioner, Central Deposit Insurance Company
  • Arbitrator, Chinese Arbitration Association Taipei
  • Distinguished Professor, Department of Financial and Economic Law, College of Law, National Chung Cheng University 
  • Adjunct professor, Soochow University School of Law 
  • Director, CTBC International Academy
Independent Director Cheung-Chun, Lau

Over his 30-plus years with leading international financial institutions, Cheung-Chun has gained extensive experience in global financial markets, risk assessment, and regulatory matters.

Although based in financial centers around the globe, Cheung-Chun has spent much of his career engaged in Asia Pacific-centric strategic planning and business development. He has specialized in the origination and marketing of capital markets products, providing solutions for corporate and institutional customers in Asia and gaining insights into the insurance sector and corporate governance trends affecting the financial services industry.

Cheung-Chun served as senior vice president of ABN AMRO Bank from 2005 to 2010 and managing director of the Bank of Nova Scotia from 2010 to 2016, having previously been managing director of Westcom Capital from 2000 to 2002 and director of Citigroup Global Markets Asia from 2002 to 2005.

He holds an MBA in finance and international business from the University of Michigan.


Career highlights:

  • Independent Non-executive Director, Hong Leong Insurance (Asia) Limited 
  • Managing Director, The Bank of Nova Scotia 
  • Senior Vice President, ABN Amro Bank N.V. 
  • Director, Citigroup Global Markets Asia Limited 
  • Executive Director, UBS AG
  • Vice President, Bankers Trust Company 

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
Independent Director Shih-Chieh, Chang

Shih-Chieh has invaluable expertise in insurance and risk management, and as such currently serves as the convener of both the audit and risk management committees.

A leading academic in risk management and actuarial science, Shih-Chieh held a number of positions in government and non-profit organizations prior to joining the Board. He served as a commissioner of the Financial Supervisory Commission from 2006 to 2010 and was an advisory committee member for the Risk Management Committee of Chunghwa Post, Taiwan’s national postal service. 

Shih-Chieh holds a Ph.D. in statistics from the University of Wisconsin–Madison and has been a professor at National Chengchi University’s Department of Risk Management and Insurance since 2000. He has also lectured internationally, including in Hong Kong and New Zealand.


Career highlights:

  • Independent Director, TLG Insurance Co., Ltd.
  • Director, CTBC Business School
  • Independent Director, CTBC Life Insurance Co., Ltd.
  • Member, Financial Supervisory Commission
  • Non-member director, Securities Investment Trust & Consulting Association of the R.O.C.
  • Member, Financial Ombudsman Institution
  • Director, Taiwan Insurance Institute
  • Director, Taiwan Insurance Guaranty Fund
  • Chairman, Insurance Anti-Fraud Institute
  • Member, Labor Funds Supervisory Committee, Ministry of Labor
  • Chairman, Pan-Asia Risk and Insurance Management Association
  • CEO, EMBA, College of Commerce, National Chengchi University
  • Director, Department of Risk Management and Insurance, National Chengchi University
  • Consultant for Financial White Papers, Taiwan Financial Services Roundtable Co., Ltd.

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Professor, Department of Risk Management and Insurance, National Chengchi University
  • Advisory Committee Member, Risk Management Committee, Chunghwa Post Co., Ltd.
  • Director, Risk Management Society of Taiwan 
  • Consultant, Public Service Pension Fund Supervisory Board
  • Member, Futures Trust Fund Risk Management Committee, Chinese National Futures Association
Independent Director Sheng-Yung, Yang

Sheng-Yung brings significant expertise in finance, accounting, and corporate planning to the Board.

In academia, he has earned renown for his research in finance and accounting, corporate strategy, international investment, financial institution management, and risk analysis. In the field, he has led development projects with private organizations as well as government agencies, including the Council for Economic Planning and Development of Executive Yuan. He has also served as an independent director at multiple listed companies.

Sheng-Yung holds a Ph.D. in finance from Drexel University. He has been dean and vice president of the International College of Providence University since 2016 and is a distinguished professor of finance at National Chung Hsing University.


Career highlights:

  • Head of Finance Department, National Chung Hsing University
  • Adjunct Professor of International Business, National Taiwan University
  • Dean of College of Management, Asia University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Secretary-General, Financial Engineering Association of Taiwan
  • CEO, EMBA Program Alliance of Taiwan
  • Member of Investment Committee, National Development Fund
  • Member of Operating Fund Committee, Bureau of Science Park
  • Lecturer, Training Institute, Ministry of Finance
  • Independent Director, Grand Bills Finance Corp.
  • Strategic Mentor, New Generation College, National Association of Small & Medium Enterprises

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd. 
  • Independent Director, CTBC Bank Co., Ltd.
  • Distinguished Professor of Finance, National Chung Hsing University
  • Independent Director, Nova Technology Corp.
  • Independent Director, JMicron Technology Corp.
  • Supervisor, Financial Engineering Association of Taiwan
  • Director, Chinese Robo-Advisor Association
  • Director, CTBC Business School
Independent Director Sheng-Yung, Yang

Sheng-Yung brings significant expertise in finance, accounting, and corporate planning to the Board.

In academia, he has earned renown for his research in finance and accounting, corporate strategy, international investment, financial institution management, and risk analysis. In the field, he has led development projects with private organizations as well as government agencies, including the Council for Economic Planning and Development of Executive Yuan. He has also served as an independent director at multiple listed companies.

Sheng-Yung holds a Ph.D. in finance from Drexel University. He has been dean and vice president of the International College of Providence University since 2016 and is a distinguished professor of finance at National Chung Hsing University.


Career highlights:

  • Head of Finance Department, National Chung Hsing University
  • Adjunct Professor of International Business, National Taiwan University
  • Dean of College of Management, Asia University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Secretary-General, Financial Engineering Association of Taiwan
  • CEO, EMBA Program Alliance of Taiwan
  • Member of Investment Committee, National Development Fund
  • Member of Operating Fund Committee, Bureau of Science Park
  • Lecturer, Training Institute, Ministry of Finance
  • Independent Director, Grand Bills Finance Corp.
  • Strategic Mentor, New Generation College, National Association of Small & Medium Enterprises

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd. 
  • Independent Director, CTBC Bank Co., Ltd.
  • Distinguished Professor of Finance, National Chung Hsing University
  • Independent Director, Nova Technology Corp.
  • Independent Director, JMicron Technology Corp.
  • Supervisor, Financial Engineering Association of Taiwan
  • Director, Chinese Robo-Advisor Association
  • Director, CTBC Business School
Director Thomas K. S. Chen

Thomas is an old CTBC Holding hand with a wealth of international financial experience under his belt. He has held positions including chairman of our U.S. operations, vice chairman of our Philippine and Indonesian subsidiaries, and general manager of our Bank’s International Banking Group. 

His first post abroad was head of corporate banking at the First Interstate Bank of California’s Singapore branch in 1981. And his global mind-set extends beyond finance, as seen in his current role as a director of the Taipei International Community Cultural Foundation.

As a Board director and a member of the risk management, nomination, and ethics and integrity committees, Thomas has leveraged this diverse, hands-on experience in order to elevate CTBC Holding to the financial institution it is today—with customers and activities in over 110 overseas locations.

He holds a bachelor’s in public finance and taxation from National Chengchi University.


Career highlights:

  • Vice Chairman, CTBC Bank Co., Ltd.
  • Chairman, CTBC Asset Management Co., Ltd.
  • Chairman, CTBC Bank Corp. (USA) 
  • General Secretary, CTBC Financial Holding Co., Ltd.
  • Director, National Credit Card Center of the Republic of China
  • Director, Taipei International Community Cultural Foundation 

Current positions:
  • Director, CTBC Financial Holding Co., Ltd.
  • Director, CTBC Bank Co., Ltd. 
  • Chairman, CTBC Investments Co., Ltd.
  • Chairman, CTBC International Co., Ltd.
  • Chairman, CTBC Financial Leasing Co., Ltd.
  • Director, Ho-Yeh Investment Co., Ltd.
  • Director, Taipei Financial Center Corp.
  • Director, Changhua County Lukang Folk Arts Museum 
  • Director, Jeffrey Koo Cultural and Educational Foundation
  • Vice Chairman, CTBC Charity Foundation
  • Director, CTBC Anti-Drug Educational Foundation
Independent Director Shih-Chieh, Chang

Shih-Chieh has invaluable expertise in insurance and risk management, and as such currently serves as the convener of both the audit and risk management committees.

A leading academic in risk management and actuarial science, Shih-Chieh held a number of positions in government and non-profit organizations prior to joining the Board. He served as a commissioner of the Financial Supervisory Commission from 2006 to 2010 and was an advisory committee member for the Risk Management Committee of Chunghwa Post, Taiwan’s national postal service. 

Shih-Chieh holds a Ph.D. in statistics from the University of Wisconsin–Madison and has been a professor at National Chengchi University’s Department of Risk Management and Insurance since 2000. He has also lectured internationally, including in Hong Kong and New Zealand.


Career highlights:

  • Independent Director, TLG Insurance Co., Ltd.
  • Director, CTBC Business School
  • Independent Director, CTBC Life Insurance Co., Ltd.
  • Member, Financial Supervisory Commission
  • Non-member director, Securities Investment Trust & Consulting Association of the R.O.C.
  • Member, Financial Ombudsman Institution
  • Director, Taiwan Insurance Institute
  • Director, Taiwan Insurance Guaranty Fund
  • Chairman, Insurance Anti-Fraud Institute
  • Member, Labor Funds Supervisory Committee, Ministry of Labor
  • Chairman, Pan-Asia Risk and Insurance Management Association
  • CEO, EMBA, College of Commerce, National Chengchi University
  • Director, Department of Risk Management and Insurance, National Chengchi University
  • Consultant for Financial White Papers, Taiwan Financial Services Roundtable Co., Ltd.

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Professor, Department of Risk Management and Insurance, National Chengchi University
  • Advisory Committee Member, Risk Management Committee, Chunghwa Post Co., Ltd.
  • Director, Risk Management Society of Taiwan 
  • Consultant, Public Service Pension Fund Supervisory Board
  • Member, Futures Trust Fund Risk Management Committee, Chinese National Futures Association
Director Thomas K. S. Chen

Thomas is an old CTBC Holding hand with a wealth of international financial experience under his belt. He has held positions including chairman of our U.S. operations, vice chairman of our Philippine and Indonesian subsidiaries, and general manager of our Bank’s International Banking Group. 

His first post abroad was head of corporate banking at the First Interstate Bank of California’s Singapore branch in 1981. And his global mind-set extends beyond finance, as seen in his current role as a director of the Taipei International Community Cultural Foundation.

As a Board director and a member of the risk management, nomination, and ethics and integrity committees, Thomas has leveraged this diverse, hands-on experience in order to elevate CTBC Holding to the financial institution it is today—with customers and activities in over 110 overseas locations.

He holds a bachelor’s in public finance and taxation from National Chengchi University.


Career highlights:

  • Vice Chairman, CTBC Bank Co., Ltd.
  • Chairman, CTBC Asset Management Co., Ltd.
  • Chairman, CTBC Bank Corp. (USA) 
  • General Secretary, CTBC Financial Holding Co., Ltd.
  • Director, National Credit Card Center of the Republic of China
  • Director, Taipei International Community Cultural Foundation 

Current positions:

  • Director, CTBC Financial Holding Co., Ltd.
  • Director, CTBC Bank Co., Ltd. 
  • Chairman, CTBC Investments Co., Ltd.
  • Chairman, CTBC International Co., Ltd.
  • Chairman, CTBC Financial Leasing Co., Ltd.
  • Director, Ho-Yeh Investment Co., Ltd.
  • Director, Taipei Financial Center Corp.
  • Director, Changhua County Lukang Folk Arts Museum 
  • Director, Jeffrey Koo Cultural and Educational Foundation
  • Vice Chairman, CTBC Charity Foundation
  • Director, CTBC Anti-Drug Educational Foundation
Independent Director Shih-Chieh, Chang

Shih-Chieh has invaluable expertise in insurance and risk management, and as such currently serves as the convener of both the audit and risk management committees.

A leading academic in risk management and actuarial science, Shih-Chieh held a number of positions in government and non-profit organizations prior to joining the Board. He served as a commissioner of the Financial Supervisory Commission from 2006 to 2010 and was an advisory committee member for the Risk Management Committee of Chunghwa Post, Taiwan’s national postal service. 

Shih-Chieh holds a Ph.D. in statistics from the University of Wisconsin–Madison and has been a professor at National Chengchi University’s Department of Risk Management and Insurance since 2000. He has also lectured internationally, including in Hong Kong and New Zealand.


Career highlights:

  • Independent Director, TLG Insurance Co., Ltd.
  • Director, CTBC Business School
  • Independent Director, CTBC Life Insurance Co., Ltd.
  • Member, Financial Supervisory Commission
  • Non-member director, Securities Investment Trust & Consulting Association of the R.O.C.
  • Member, Financial Ombudsman Institution
  • Director, Taiwan Insurance Institute
  • Director, Taiwan Insurance Guaranty Fund
  • Chairman, Insurance Anti-Fraud Institute
  • Member, Labor Funds Supervisory Committee, Ministry of Labor
  • Chairman, Pan-Asia Risk and Insurance Management Association
  • CEO, EMBA, College of Commerce, National Chengchi University
  • Director, Department of Risk Management and Insurance, National Chengchi University
  • Consultant for Financial White Papers, Taiwan Financial Services Roundtable Co., Ltd.

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Professor, Department of Risk Management and Insurance, National Chengchi University
  • Advisory Committee Member, Risk Management Committee, Chunghwa Post Co., Ltd.
  • Director, Risk Management Society of Taiwan 
  • Consultant, Public Service Pension Fund Supervisory Board
  • Member, Futures Trust Fund Risk Management Committee, Chinese National Futures Association
Independent Director Chih-Cheng, Wang

Chih-Cheng has valuable expertise in regulatory compliance. Drawing on the knowledge and perspective gained over his career and honed in his current posts at the Taiwan Stock Exchange and CTBC Holding's security and insurance subsidiaries, he is a driving force behind the Company’s growing emphasis on good corporate governance and the improvements being made to its corporate governance mechanisms.

In addition to currently serving as a distinguished professor of finance and economics at National Chung Cheng University, Chih-Cheng previously held positions in government and non-profit organizations prior to joining the Board. He also previously served as director of the Financial Ombudsman Institution and commissioner of the Financial Research and Development Fund.

He holds a Ph.D. in law from National Chengchi University.


Career highlights:

  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director,  CTBC Life Insurance Co., Ltd.
  • Independent Director, CTBC Securities Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd
  • Director, Financial Ombudsman Institution
  • Commissioner, Financial Research and Development Fund
  • Adjunct professor, The Graduate Institute for Legal Sciences, Department of Law, National Cheng Kung University 
  • Adjunct professor, School of Management, National Taiwan University of Science and Technology 
  • Secretary & General Reviewer, Banking Bureau, Financial Supervisory Board

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, Dyaco International Co., Ltd.
  • Independent Director, Lucky Cement Co., Ltd.
  • Director, Securities and Futures Investors Protection Center
  • Consultative Commissioner, Central Deposit Insurance Company
  • Arbitrator, Chinese Arbitration Association Taipei
  • Distinguished Professor, Department of Financial and Economic Law, College of Law, National Chung Cheng University 
  • Adjunct professor, Soochow University School of Law 
  • Director, CTBC International Academy
Independent Director Chih-Cheng, Wang

Chih-Cheng has valuable expertise in regulatory compliance. Drawing on the knowledge and perspective gained over his career and honed in his current posts at the Taiwan Stock Exchange and CTBC Holding's security and insurance subsidiaries, he is a driving force behind the Company’s growing emphasis on good corporate governance and the improvements being made to its corporate governance mechanisms.

In addition to currently serving as a distinguished professor of finance and economics at National Chung Cheng University, Chih-Cheng previously held positions in government and non-profit organizations prior to joining the Board. He also previously served as director of the Financial Ombudsman Institution and commissioner of the Financial Research and Development Fund.

He holds a Ph.D. in law from National Chengchi University.


Career highlights:

  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director,  CTBC Life Insurance Co., Ltd.
  • Independent Director, CTBC Securities Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd
  • Director, Financial Ombudsman Institution
  • Commissioner, Financial Research and Development Fund
  • Adjunct professor, The Graduate Institute for Legal Sciences, Department of Law, National Cheng Kung University 
  • Adjunct professor, School of Management, National Taiwan University of Science and Technology 
  • Secretary & General Reviewer, Banking Bureau, Financial Supervisory Board

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, Dyaco International Co., Ltd.
  • Independent Director, Lucky Cement Co., Ltd.
  • Director, Securities and Futures Investors Protection Center
  • Consultative Commissioner, Central Deposit Insurance Company
  • Arbitrator, Chinese Arbitration Association Taipei
  • Distinguished Professor, Department of Financial and Economic Law, College of Law, National Chung Cheng University 
  • Adjunct professor, Soochow University School of Law 
  • Director, CTBC International Academy
Vice Chairman Chao-Chin Tung

Chao-Chin brings to the Board a wealth of financial and managerial expertise and leadership experience. Under his stewardship, the Bank has received numerous accolades at home and abroad, with Chao-Chin himself having been named the Best CEO in Taiwan—an honor awarded every three years by The Asian Banker—in 2016 and 2019.

Before joining the Board, Chao-Chin served as deputy director-general of the Hsinchu Science Park Administration from 1990 to 1997 and vice chairman of China Development Financial Holding from 2004 to 2012. He has earned praise as an effective leader across multiple industries and is particularly renowned for the turnaround results he delivered in Taiwan’s tech sector. 

He holds a master’s in materials science from the Master’s in Materials Science, University of Rochester, New York, USA


Career highlights:

  • Chairman, CTBC Bank Co., Ltd.
  • Director, CTBC Life Insurance Co., Ltd.
  • Chairman, CTBC Venture Capital Co., Ltd.
  • Chairman, CTBC Asset Management Co., Ltd.
  • Chairman, CTBC Capital Corp. 
  • Chairman, CTBC Bank Corp. (USA)
  • Director, The Tokyo Star Bank, Ltd. 
  • Director, The Bankers Association of the R.O.C.
  • Supervisor, The Bankers Association of Taipei 

Current Positions:

  • Vice Chairman, CTBC Financial Holding Co., Ltd.
  • Vice Chairman, Showa Denko HD Trace Corp.
  • Director, Straits Exchange Foundation
  • Executive Supervisor, Chinese National Association of Industry and Commerce, Taiwan
Director Thomas K. S. Chen

Thomas is an old CTBC Holding hand with a wealth of international financial experience under his belt. He has held positions including chairman of our U.S. operations, vice chairman of our Philippine and Indonesian subsidiaries, and general manager of our Bank’s International Banking Group. 

His first post abroad was head of corporate banking at the First Interstate Bank of California’s Singapore branch in 1981. And his global mind-set extends beyond finance, as seen in his current role as a director of the Taipei International Community Cultural Foundation.

As a Board director and a member of the risk management, nomination, and ethics and integrity committees, Thomas has leveraged this diverse, hands-on experience in order to elevate CTBC Holding to the financial institution it is today—with customers and activities in over 110 overseas locations.

He holds a bachelor’s in public finance and taxation from National Chengchi University.


Career highlights:

  • Vice Chairman, CTBC Bank Co., Ltd.
  • Chairman, CTBC Asset Management Co., Ltd.
  • Chairman, CTBC Bank Corp. (USA) 
  • General Secretary, CTBC Financial Holding Co., Ltd.
  • Director, National Credit Card Center of the Republic of China
  • Director, Taipei International Community Cultural Foundation 

Current positions:
  • Director, CTBC Financial Holding Co., Ltd.
  • Director, CTBC Bank Co., Ltd. 
  • Chairman, CTBC Investments Co., Ltd.
  • Chairman, CTBC International Co., Ltd.
  • Chairman, CTBC Financial Leasing Co., Ltd.
  • Director, Ho-Yeh Investment Co., Ltd.
  • Director, Taipei Financial Center Corp.
  • Director, Changhua County Lukang Folk Arts Museum 
  • Director, Jeffrey Koo Cultural and Educational Foundation
  • Vice Chairman, CTBC Charity Foundation
  • Director, CTBC Anti-Drug Educational Foundation
Independent Director Cheung-Chun, Lau

Over his 30-plus years with leading international financial institutions, Cheung-Chun has gained extensive experience in global financial markets, risk assessment, and regulatory matters.

Although based in financial centers around the globe, Cheung-Chun has spent much of his career engaged in Asia Pacific-centric strategic planning and business development. He has specialized in the origination and marketing of capital markets products, providing solutions for corporate and institutional customers in Asia and gaining insights into the insurance sector and corporate governance trends affecting the financial services industry.

Cheung-Chun served as senior vice president of ABN AMRO Bank from 2005 to 2010 and managing director of the Bank of Nova Scotia from 2010 to 2016, having previously been managing director of Westcom Capital from 2000 to 2002 and director of Citigroup Global Markets Asia from 2002 to 2005.

He holds an MBA in finance and international business from the University of Michigan.


Career highlights:

  • Independent Non-executive Director, Hong Leong Insurance (Asia) Limited 
  • Managing Director, The Bank of Nova Scotia 
  • Senior Vice President, ABN Amro Bank N.V. 
  • Director, Citigroup Global Markets Asia Limited 
  • Executive Director, UBS AG
  • Vice President, Bankers Trust Company 

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
Independent Director Shih-Chieh, Chang

Shih-Chieh has invaluable expertise in insurance and risk management, and as such currently serves as the convener of both the audit and risk management committees.

A leading academic in risk management and actuarial science, Shih-Chieh held a number of positions in government and non-profit organizations prior to joining the Board. He served as a commissioner of the Financial Supervisory Commission from 2006 to 2010 and was an advisory committee member for the Risk Management Committee of Chunghwa Post, Taiwan’s national postal service. 

Shih-Chieh holds a Ph.D. in statistics from the University of Wisconsin–Madison and has been a professor at National Chengchi University’s Department of Risk Management and Insurance since 2000. He has also lectured internationally, including in Hong Kong and New Zealand.


Career highlights:

  • Independent Director, TLG Insurance Co., Ltd.
  • Director, CTBC Business School
  • Independent Director, CTBC Life Insurance Co., Ltd.
  • Member, Financial Supervisory Commission
  • Non-member director, Securities Investment Trust & Consulting Association of the R.O.C.
  • Member, Financial Ombudsman Institution
  • Director, Taiwan Insurance Institute
  • Director, Taiwan Insurance Guaranty Fund
  • Chairman, Insurance Anti-Fraud Institute
  • Member, Labor Funds Supervisory Committee, Ministry of Labor
  • Chairman, Pan-Asia Risk and Insurance Management Association
  • CEO, EMBA, College of Commerce, National Chengchi University
  • Director, Department of Risk Management and Insurance, National Chengchi University
  • Consultant for Financial White Papers, Taiwan Financial Services Roundtable Co., Ltd.

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Professor, Department of Risk Management and Insurance, National Chengchi University
  • Advisory Committee Member, Risk Management Committee, Chunghwa Post Co., Ltd.
  • Director, Risk Management Society of Taiwan 
  • Consultant, Public Service Pension Fund Supervisory Board
  • Member, Futures Trust Fund Risk Management Committee, Chinese National Futures Association
Independent Director Chih-Cheng, Wang

Chih-Cheng has valuable expertise in regulatory compliance. Drawing on the knowledge and perspective gained over his career and honed in his current posts at the Taiwan Stock Exchange and CTBC Holding's security and insurance subsidiaries, he is a driving force behind the Company’s growing emphasis on good corporate governance and the improvements being made to its corporate governance mechanisms.

In addition to currently serving as a distinguished professor of finance and economics at National Chung Cheng University, Chih-Cheng previously held positions in government and non-profit organizations prior to joining the Board. He also previously served as director of the Financial Ombudsman Institution and commissioner of the Financial Research and Development Fund.

He holds a Ph.D. in law from National Chengchi University.


Career highlights:

  • Independent Director, CTBC Bank Co., Ltd.
  • Independent Director,  CTBC Life Insurance Co., Ltd.
  • Independent Director, CTBC Securities Co., Ltd.
  • Independent Director, Taiwan Life Insurance Co., Ltd.
  • Director, Financial Ombudsman Institution
  • Commissioner, Financial Research and Development Fund
  • Adjunct professor, The Graduate Institute for Legal Sciences, Department of Law, National Cheng Kung University 
  • Adjunct professor, School of Management, National Taiwan University of Science and Technology 
  • Secretary & General Reviewer, Banking Bureau, Financial Supervisory Board

Current positions: 

  •  Independent Director, CTBC Financial Holding Co., Ltd.
  • Independent Director, Dyaco International Co., Ltd.
  • Independent Director, Lucky Cement Co., Ltd.
  • Director, Securities and Futures Investors Protection Center
  • Consultative Commissioner, Central Deposit Insurance Company
  • Arbitrator, Chinese Arbitration Association Taipei
  • Distinguished Professor, Department of Financial and Economic Law, College of Law, National Chung Cheng University 
  • Adjunct professor, Soochow University School of Law 
  • Director, CTBC International Academy

Independent Director Sheng-Yung, Yang

Sheng-Yung brings significant expertise in finance, accounting, and corporate planning to the Board.

In academia, he has earned renown for his research in finance and accounting, corporate strategy, international investment, financial institution management, and risk analysis. In the field, he has led development projects with private organizations as well as government agencies, including the Council for Economic Planning and Development of Executive Yuan. He has also served as an independent director at multiple listed companies.

Sheng-Yung holds a Ph.D. in finance from Drexel University. He has been dean and vice president of the International College of Providence University since 2016 and is a distinguished professor of finance at National Chung Hsing University.


Career highlights:

  • Head of Finance Department, National Chung Hsing University
  • Adjunct Professor of International Business, National Taiwan University
  • Dean of College of Management, Asia University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Secretary-General, Financial Engineering Association of Taiwan
  • CEO, EMBA Program Alliance of Taiwan
  • Member of Investment Committee, National Development Fund
  • Member of Operating Fund Committee, Bureau of Science Park
  • Lecturer, Training Institute, Ministry of Finance
  • Independent Director, Grand Bills Finance Corp.
  • Strategic Mentor, New Generation College, National Association of Small & Medium Enterprises

Current positions:

  • Independent Director, CTBC Financial Holding Co., Ltd. 
  • Independent Director, CTBC Bank Co., Ltd.
  • Distinguished Professor of Finance, National Chung Hsing University
  • Independent Director, Nova Technology Corp.
  • Independent Director, JMicron Technology Corp.
  • Supervisor, Financial Engineering Association of Taiwan
  • Director, Chinese Robo-Advisor Association
  • Director, CTBC Business School