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
Chia-Juch Chang
Lionel de Saint-Exupéry
Vice Chairman
Steve Bertamini
Director
Shan-Jung Yu
Director
Paul Yang
Director
Tyzz-Jiun Duh
Independent Director
Hsing-Cheng Tai
Independent Director
Hsiou-Wei Lin
Independent Director
Total
8
01
/
8
Functional Committees
To enhance Board functions, improve corporate governance, and fulfill CSR, CDF has formed functional committees like Audit Committee, Remuneration Committee, and CSR Committee under the Board of Directors. To further improve the decision-making quality of the Board, strengthen corporate governance and improve the functions of the Board, the 3rd meeting of the 7th Board of Directors resolved on June 24, 2019 to bring the Risk Management Committee currently under the control of the CEO to a functional committee under the Board of Directors; the 6th meeting of the 7th Board of Directors resolved on October 1, 2019 to establish the Ethical Corporate Management Committee; the 10th meeting of the 7th Board of Directors resolved on December 30, 2019 to form the Strategic Development Committee. Regarding mandate for each functional committee, please refer to the 2020 AGM Report for details.
For an overview of the responsibility and operations of these committees.
Audit Committee Remuneration Committee CSR Committee Risk Management Committee Ethical Corporate Management Committee
Committee Members 3(note1) 3(note2) 7 8 6
Percentage of independent directors of the company or subsidiaries (%)) 100% 100% 28.6% 37.5% 50%
Meetings held in 2020 13 12 4 4 2
Attendance rate in 2020 (in person) (%) 100% 100% 96.66% 82.3% 91.67%
Attendance rate in 2020 (including attendance by proxy) (%) 100% 100% 100% 94.1% 100%
Note:
Note1:Independent Director, Mr. Tyzz-Jiun Duh 、Independent Director, Mr. Hsing-Cheng Tai、Independent Director, Mr. Hsiou-Wei Lin
Note2:Independent Director, Mr. Tyzz-Jiun Duh 、Independent Director, Mr. Hsing-Cheng Tai、Independent Director, Mr. Hsiou-Wei Lin
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 Marketing Leadership Information Technology International Experience
Chia-Juch Chang
Chairman
Hsing-Cheng Tai
Independent Director
Hsiou-Wei, Lin
Independent Director
Lionel de Saint-Exupéry
Vice Chairman
Paul Yang
Director
Shan-Jung Yu
Director
Stefano Paolo Bertamini
Director
Tyzz-Jiun DUH
Independent Director
Professional Qualifications and Independence
Professional Qualifications and Independence
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Board Performance Evaluation

For effective corporate governance and Board functionality, CDF, at the 10th meeting of the 6th Board of Directors held on November 21, 2016, formulated "Principles for the Performance Evaluation of the Board of Directors". To further strengthen the independence and effectiveness of Board performance evaluation, the 29th meeting of the 6th Board of Directors held on January 30, 2018 and the 7th meeting of the 7th Board of Directors held on October 28, 2019, amended these Guidelines, bringing in external evaluation to Board’s performance. CDF is also following "Sample Template of Self-Evaluation or Peer Evaluation of the Board of Directors of XX Co., Ltd." of the Taiwan Stock Exchange Corporation expanding Board’s evaluation to Functional Committees modifying the self-evaluation questionnaire from "Yes/No" on a five-point scale.

As per the "Principles for the Performance Evaluation of the Board of Directors" CDF's Board of Directors should conduct at least one internal evaluation of Board’s performance every year, and the scope of evaluation should include the Board as a whole, individual Board members, and functional committees; starting from 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
    Principles for the Performance Evaluation of the Board of Directors
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