The Ministry of Finance yesterday confirmed the appointments of new representatives to the helms of several financial institutions in which the government holds considerable stakes.
Deputy Finance Minister Liu Teng-cheng (劉燈城) has been appointed chairman of Taiwan Cooperative Bank (合作金庫銀行) with the bank’s vice president Lin Tien (林田) to be the president, a statement issued by the ministry said.
With a master’s degree in International Business from National Taiwan University, Liu, 58, worked as director-general of the ministry’s training institute, director-general of the national treasury agency and other posts before taking up his current office.
Lin, 64, with a bachelor’s degree in law from National Chung Hsing University, has served in different capacities for Taiwan Cooperative Bank.
Liu and Lin will start their new work on Friday, the statement said.
The ministry also tapped an accounting professor from Tamkang University, Chao Yang-ching (趙揚清), as chairwoman of the Financial Information Service Co (財金資訊公司), which operates interbank information networks, the statement said.
Chao, 59, has worked for the finance ministry’s taxation agency and national treasury agency as well as the Cabinet’s Fair Trade Commission. Chao earned her master’s degree from National Chengchih University’s Department of Public Finance. Her appointment will take effect on Monday.
The ministry named former deputy Taipei City mayor Chen Yu-chang (陳裕璋) as a government representative in First Financial Holding Co (第一金控) and the affiliated First Commercial Bank (第一銀行), the statement said.
With a master’s degree from National Taiwan University’s Department of Business Administration, Chen, 53, is currently the chairman of Taipei Smart Card Corp.
The ministry said in the statement it would ask both First Financial Holding and First Bank to elect Chen as chairperson.
Chien Ming-jen (簡明仁), currently chairman of First Financial AMC (第一金融資產管理公司) will be president of First Holding, the statement said.
Chen and Chien will begin their new jobs tomorrow.
Also, Wang Rong-jou (王榮周), a former Ministry of Justice Investigation Bureau chief, will lead Mega Financial Holding Co (兆豐金控). Wang, 62, has 30 years of experience in the financial sector. He has served as vice finance minister and chairman of Taiwan Asset Management Co (台灣金聯資產管理) from 2004 to last year.
Shiu Kuang-si (徐光曦), currently president of Mega International Commercial Bank (兆豐國際銀行), will be the holding company’s president, the statement said, adding Wang and Shiu will take up their new positions next Tuesday.
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