China Banking Corporation informed that during its regular meeting held on April 05, 2023, the board of the bank took up and approved, confirmed, and ratified the following matters: Promotion of the following Bank officers, effective April 16, 2023; Ms. Maria Luz B. Favis, head of asset quality and recovery management division, from First Vice President I to First Vice President II. Mr. Domingo P. Dayro, Jr. Head of Cash Management Service division, from vice president II to first vice president I. MR. WILLIAM C. WHANG, who retired as Director and President of the Bank effective at the close of business on 31 March 2023, as Director of the following Bank subsidiaries/affiliates, effective 01 April 2023.