The Board is crucial to the operation of corporate governance. BOC Investment establishes a management structure and an operation system with the Board as the core to manage, support and supervise the management effectively on behalf of the shareholder.

The Board consists of eleven directors who come from different departments of the Head Office and the management of the company. They possess the required qualities, knowledge, experiences and capabilities, and familiarize with the operation of BOC Investment. Their daily works are closely related to the operation and management of BOC Investment.

Our Board formulates overall development strategies, medium and long term development plans, and provides business operating guidance and policy directions to our management, and is responsible for the approval of critical matters.

Our Board holds meetings at least twice a year. Such meetings are convened and chaired by the Chairman. Extraordinary board meetings may be convened by the Chairman when he deems necessary, or proposed jointly by more than one half of the directors, or proposed by the Chief Executive Officer of the Company.

Our Board consists of three committees including the Risk Management Committee, the
Personnel and Remuneration Committee and the Audit Committee. Each committee is run by the relevant directors to provide professional support for the decision making of the Board.

Risk Management Committee
The Risk Management Committee is authorized by the Board to review risk management and control at the corporate level, investment and assets disposal policies, approaches and objectives and ensure their compliance and implementation; assist the Board to establish the scope of authority for the management to approve business transactions, and review and approve the related matters within
the mandate.

Personnel and Remuneration Committee
The Personnel and Remuneration Committee is authorized by the Board to review the company’s remuneration policies and oversee its implementation, review the performance appraisal scheme and bonus allocation scheme for the company and CEO and the remuneration of CEO, evaluate the performance and accountability of the company and CEO.

Audit Committee
The Audit Committee is authorized by the Board to monitor the financial reporting, financial reporting procedures, accounting policies, financial control, internal audit, financial statements auditing, selection of external auditor and other matters required by the rules of procedures of the
Audit Committee.