Board of Directors
Meet the elite team that leads CDF and implements corporate governance, including board members and different functional committees.
Board of Director’s List
Chairman
Su-Kuo Huang
Paul Yang
Vice Chairman
Steve Bertamini
Director
Lionel de Saint-Exupéry
Director
Hung-Yi Hsiao
Director
Tyzz-Jiun Duh
Independent Director
Shih-Chieh Chang
Independent Director
Wei Chung
Independent Director
Total
8
01
/
8
Functional Committees
 
Effectiveness of Functional Committees in 2021
Audit Committee Remuneration Committee Sustainability Committee Risk Management Committee Ethical Corporate Management Committee
Establishment Year 2011 2011 2014 2019 2019
Members

All independent directors

All independent directors
Chairman, CEO, independent directors, chairmen of KGIB and KGIS, and the independent directors/outside directors of KGIS and CDIB All independent directors, CEO, Chief Risk Officer Chairman, independent directors, Independent/Outside Indepent directors of KGIB, KGIS, and CDIB, directors of CL
Number of Members 3 3 7 5 6
Proportion of members who are independent directors of the Company or subsidaries 100% 100% 28.6% 60% 50%
Number of meetings held 10 8 4 4 1
 Attendance rate (in person) 100%  100% 96%  88.5% 100% 
 Attendance rate (including attendance by proxy) 100% 100% 100% 96.2%  100%
 Note:
  1. As of March 31, 2022.
  2. The “Corporate Social Responsibility Committee” was renamed the “Sustainability Committee” on January 24, 2022.
  3. The mission of the “Strategic Development Committee” under the BOD has been completed and abolished by BOD in November 2021. 
Regulations
Audit Committee Charter of China Development F...
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Remuneration Committee Charter of China Develo...
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Risk Management Committee
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Qualification and Independence Analysis
Name & Title Holding Company Commercial Banking Securities / Insurance PE/VC Investment Government & Public Sector Execution & Strategic Planning Risk Management Financial Services Corporate Governance Business & Marketing Leadership Information Technology International Experience Functional Committee
Su-Kuo Huang
Chairman
Paul Yang
Vice Chairman
Lionel de Saint-Exupéry
Director GPPC, Chemical Corp. Representative
Stefano Paolo Bertamini
Jing Hui Investment Co., Ltd. Representative
Saloon Tham
Director, Chi Jie Investment Co., Ltd. Representative
Hung-Yi Hsiao
Director, Jing Hui Investment Co., Ltd. Representative
Tyzz-Jiun Duh
Independent Director
Shih-Chieh Chang
Independent Director
Wei Chung
Independent Director
Professional Qualifications and Independence
Diversity and Independence (7th-Term Board of Directors)
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Diversity and Independence (8th-Term Board of Directors)
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Professional Qualifications and Independence
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Board Performance Evaluation

In order to implement corporate governance and enhance the functions of the BOD, establish performance targets to enhance the operational efficiency of the BOD. The Company established the “Principles for the Performance Evaluation of the Board of Directors,” to conduct at least one internal evaluation of Board’s performance every year to evaluate the whole BOD, including individual Board members and functional committees. Since 2018, CDF should enlist independent institutions or experts and scholars in conducting external evaluation at least once every three years to strengthen the independence and effectiveness of Board’s performance.

Board Performance Evaluation
The self-evaluation of the board as a whole
  1. Participation in the operation of the company
  2. Improvement of the quality of the board of directors' decision making
  3. Composition and structure of the board of directors
  4. Election and continuing education of the directors
  5. Internal control
  6. Participation in environmental, social and governance initiatives (ESG)
    The self-evaluation by individual board members
    1. Familiarity with the goals and missions of the company
    2. Awareness of the duties of a director
    3. Participation in the operation of the company
    4. Management of internal relationship and communication
    5. Professionalism and continuing education of the directors
    6. Internal control
    The self-evaluation of functional committees
    1. Participation in the operation of the company
    2. Awareness of the duties of functional committees
    3. Improvement of the quality of the functional committees' decision making
    4. Composition and election of the functional committees
    5. Internal control
    Outcome of CDF’s Performance Evaluation of the Board and Directors

    Note: Five levels for each index: Excellent (5), Good (4), Fair (3), Acceptable (2), and Needs Improvement (1). The scoring standard is based on the “average score”.
    Principles for the Performance Evaluation of the Board of Directors
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