The Board of Directors of the Company believes that corporate governance is essential to the success of the Company and has adopted various measures to ensure that a high standard of corporate governance is maintained. The Company has applied the principles under the Corporate Governance Code of the Listing Rules.

Public Bank (Hong Kong) and Public Finance, both being major subsidiaries of the Company, are a licensed bank and a deposit taking company respectively. They are incorporated in Hong Kong and are under the supervision of the Hong Kong Monetary Authority (“HKMA”). The respective Boards of Directors are fully committed to adopting and implementing the principles and best practices in corporate governance as set out in the Supervisory Policy Manual Module CG-1 “Corporate Governance of Locally Incorporated Authorised Institutions” and other relevant guidances issued by the HKMA. Special committees with clear terms of references and specific authorities delegated by the respective Boards of Directors of Public Bank (Hong Kong) and Public Finance have been set up by both companies. For details of the terms of references, please refer to the respective corporate websites of Public Bank (Hong Kong) and Public Finance.

PUBLIC FINANCIAL

Board Committees

Audit Committee

Composition

Ms. Cheah Kim Ling (Chairman)

Mr. Lai Wan

Mr. Lee Chin Guan

Mr. Quah Poh Keat

Mr. Lim Chao Li

Nomination and Remuneration Committee

Composition

Mr. Lim Chao Li (Chairman)

Mr. Lai Wan

Mr. Lee Chin Guan

Ms. Cheah Kim Ling

Mr. Quah Poh Keat

PUBLIC BANK (HONG KONG)

Board Committees

Board Executive

Committee

Composition

Tan Sri Dato’ Sri Dr. Teh Hong Piow (Chairman)

Tan Sri Dato’ Sri Dr. Tay Ah Lek

Dato’ Chang Kat Kiam

Mr. Tan Yoke Kong

Mr. Chong Yam Kiang

Audit Committee

Composition

Ms. Cheah Kim Ling (Chairman)

Mr. Lai Wan

Tan Sri Dato’ Sri Dr. Tay Ah Lek

Mr. Lee Chin Guan

Mr. Lim Chao Li

Nomination and Remuneration Committee

Composition

Mr. Lim Chao Li (Chairman)

Mr. Lai Wan

Tan Sri Dato’ Sri Dr. Tay Ah Lek

Mr. Lee Chin Guan

Ms. Cheah Kim Ling

Risk Management Committee

Composition

Mr. Lee Chin Guan (Chairman)

Mr. Lai Wan

Dato’ Chang Kat Kiam

Mr. Lim Chao Li

Ms. Cheah Kim Ling

Bank Culture Committee

Composition

Mr. Lim Chao Li (Chairman)

Mr. Lai Wan

Tan Sri Dato’ Sri Dr. Tay Ah Lek

Dato’ Chang Kat Kiam

Mr. Lee Chin Guan

Ms. Cheah Kim Ling

PUBLIC FINANCE

Board Committees

 

Board Executive
Committee

Composition

Tan Sri Dato’ Sri Dr. Teh Hong Piow (Chairman)

Dato’ Chang Kat Kiam

Mr. Chong Yam Kiang

Audit Committee

Composition

Mr. Lim Chao Li (Chairman)

Mr. Lai Wan

Mr. Lee Chin Guan

Mr. Quah Poh Keat

Ms. Cheah Kim Ling

Nomination and Remuneration Committee

Composition

Ms. Cheah Kim Ling (Chairman)

Mr. Lai Wan

Mr. Lee Chin Guan

Mr. Quah Poh Keat

Mr. Lim Chao Li

Risk Management Committee

Composition

Mr. Lee Chin Guan (Chairman)

Mr. Lai Wan

Mr. Quah Poh Keat

Mr. Lim Chao Li

Ms. Cheah Kim Ling

Bank Culture Committee

Composition

Ms. Cheah Kim Ling (Chairman)

Mr. Lai Wan

Mr. Lee Chin Guan

Mr. Quah Poh Keat

Dato’ Chang Kat Kiam

Mr. Lim Chao Li

Mr. Tang Wing Chew