Ping An Bank Co. Ltd. nominated Guo Shibang and Yao Guiping as directors.

The appointments are subject to shareholder approval, the bank said June 9.

The board also approved a proposal for the bank to issue up to US$1 billion in bonds in one or more tranches in overseas markets, with a maturity period of more than one year.

Ping An Bank is a unit of Ping An Insurance (Group) Co. of China Ltd.