E.SUN Financial Holding Co. Ltd. unit Union Commercial Bank Plc named a new chairman and an independent director.

The bank said March 30 that Mao-Chin Chen was appointed as chairman. Mao-Chin Chen, who is a senior executive vice president and chief strategy officer at E. SUN Financial, replaced Oknha Yum Sui Sang as chairman.

Further, the bank appointed Tung-Long Kuo, chairman of E.SUN Venture Capital, as an independent director.