Corporate Governance

Corporate Governance

Corporate Governance

Cathay United Bank (hereinafter referred to as “the Company”) is committed to establishing an effective corporate governance framework; complying with the laws and strengthening the internal management; safeguarding the rights and interests of shareholders; strengthening the functionality of the board of directors; ensuring the effectiveness of supervisors; respecting the benefits of interested parties, and improving the transparency of information. Taking into account the overall operations of the Company and preparing for changes in both the internal and external environment, the Company established an independent director system on 3 July 2007, aiming to further solidifying its corporate governance.

Board of Directors

The board of directors of the Company comprises members with rich experience and professional expertise in finance, business administration and management. The three independent directors of the Company are, respectively, Tang-Chieh Wu, Former Chairman, Hua Nan Financial Holdings Co., Ltd., Edward Yung Do Way, Former CEO, Deloitte Taiwan, Feng-Chiang Miau, Chairman of MiTAC Holdings Corporation.

Profiles of the directors

Members of the 16th Board of Directors （Term of Office：26th June 2019－25th June 2022）
Andrew Ming-Jian Kuo	Chairman ● M.B.A., Baruch College, City University of New York, USA ● Director, Cathay Financial Holdings
Tzung-Han Tsai	Vice Chairman ● J.D., Georgetown University, USA ● Director, Cathay Life Insurance Co., Ltd.
Tang-Chieh Wu	Managing Director／Independent Director ● Master of Arts in Public Finance, National Chengchi University ● Former Chairman, Hua Nan Financial Holdings Co., Ltd.
Alan Lee	Managing Director ● M.B.A., National Taiwan University ● President, Cathay United Bank
Chung-Yi Teng	Managing Director ● M.B.A., Massachusetts Institute of Technology, USA ● Senior Executive Vice President, Cathay United Bank
Feng-Chiang Miau	Independent Director ● M.B.A., Santa Clara University, USA ● B.A., UC Berkeley, USA ● Chairman, MiTAC Holdings Corporation
Edward Yung Do Way	Independent Director ● M.B.A., University of Georgia, USA ● Former CEO, Deloitte Taiwan
Tsung-Hsien Tsai	Director ● M.S., Harvard University, USA ● Senior Executive Vice President, Cathay Financial Holdings
Chi-Wei Joong	Director ● B.A., Kean College of New Jersey, USA ● Chairman, CEO, Legal Representative, Moderntimes Co., Ltd.
Han-Kuo Chen	Director ● LL.M., Soochow University ● Vice President and Deputy General Manager, Department of Planning and Division Manager, Legal Affairs Center, Bank of Taiwan
Chang-Ken Lee	Director ● M.B.A., University of Pennsylvania, USA ● President, Cathay Financial Holdings
Grace Chen	Director ● M.B.A., National Chengchi University ● Senior Executive Vice President, Cathay Financial Holdings
Sophia Cheng	Director ● M.S., Golden Gate University, USA ● Senior Executive Vice President, Cathay Financial Holdings
Jian-Hsing Wu	Director ● M.S., Tamkang University ● Senior Executive Vice President, Cathay United Bank
Wei-Hua Chou	Director ● M.A., National Chengchi University ● Senior Executive Vice President, Cathay United Bank

Supervisors

The supervisors of the Company shall exercise their rights and responsibilities in accordance with the relevant regulations, aiming to assist the board of directors to improve the effectiveness of corporate governance. The Company has one resident supervisor. The position is currently held by Mr. Yiao-Chiun Lai.

Profiles of the supervisors

Profiles of the Supervisors （Term of Office：26th June 2019－25th June 2022）
Yiao-Chiun Lai	Resident Supervisor ● M.B.A., Tamkang University ● Former Chief Auditor, Cathay United Bank	Chin-Hua Chiu	Supervisor ● B.A., National Chengchi University ● Chief Secretary, Chunghwa Post Co., Ltd.