Board of Directors

Board of Director

Board of Director

According to the Article of Incorporation, Hotai's Board of Director consists of 14 directors, including 3 independent directors.
Hotai adopted nomination system for directors. Each board members are elected from the nomination candidates list by shareholders during Annual General Shareholders' meeting. The term of a director shall be three years and may be eligible for re-election.
The board members are shown in the table below.

Diversity Policy for Board Member

According to the Article of Incorporation, Hotai's Board of Director consists of 14 directors, including 3 independent directors.
According to Corporate Governance Best Practice Principles, the composition of the board of directors shall be determined by taking diversity into consideration. It is advisable that directors concurrently serving as company officers not exceed one-third of the total number of the board members, and that an appropriate policy on diversity based on the company's business operations, operating dynamics, and development needs be formulated.
Hotai's directors are expertise in various areas, such as management, business administration, and finance. Hotai not only consider professional skills and experience, but also place great emphasis on personal reputation in respect of ethics and leadership skills in the selection process.