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Yuanta Commercial Bank names president

Chuang Yu De was appointed president of Yuanta Commercial Bank Co. Ltd.

Chuang replaces Chin Chia-Lin, who resigned from the role, effective Feb. 1, according to a same-day release.

Earlier in the week, Wen Ching Chiu was appointed chief compliance officer of the bank's parent, Yuanta Financial Holdings Co. Ltd., replacing Chuang for the role.

Chuang's appointment is subject to relevant regulatory approval.