■ Competent functional committees
To ensure an effective Board of Directors and refine the quality of board decisions,
the Audit Committee, the Corporate Governance and Nomination Committee, the
Remuneration Committee, the Board Strategy Development Committee, the Sustainable
Development Committee and the Risk Management Committee are created by
authority and function under the Board of Directors and are responsible for deliberating
proposals and major issues in the economy, the environment, the society and risks. The
responsibilities and status of each functional committee are:
■ Diverse board members
■ Manager remuneration policy
To encourage E.SUN managers to achieve and surpass Company goals,
create profit, improve business performance, take into account the
reasonable linkage to future risks and evaluate managers' remuneration.
The fixed salary is decided based on managers' professional experiences
and with reference to market standards. The variable pay evaluates managers'
realization of corporate core values, qualitative management of quality,
customer rights, qualitative finance and business performance indicators.
Manager remuneration policies and structures are reviewed by the
Remuneration Committee and submitted to the Board for decision.
Manager bonuses can be affected in the event of a major risk event affecting
the Company's business reputation or due to internal management mishap
or employee misconduct. This shall achieve the effect of risk control and
generate high linkage with E.SUN's long-term overall performance.
■ CEO Performance Indicators
■ Long term Incentive Reward System
In order to encourage executive managers, key professional talents and the entire personnel to
pursue long-term overall performance, E.SUN has taken into account a variety of
indicators including financial outcome, business operation, brand, ESG, talent cultivation,
continued service, risk management, etc. to formulate a long-term incentive system.
■ Enhancement of Performance Incentive
Based on our long-term and stable management, over 90% of E.SUN employees hold E.SUN stocks. In
"E.SUN FHC Executives Election Rule," for all vice presidents after 3 years of
appointment, the market value of the E.SUN stocks they hold, including those held by spouse,
children and employee savings association, must be 5 times more than their salary. Similarly,
the standard set for CEOs/presidents after 3 years of appointment is 10 times more than salary.
■ A Banker's Bank
Since foundation, E.SUN has established the system of professional manager operation and expert
guidance to conduct the leadership succession in a systematic and organized manner.
On June 12, 2020, the Board of Directors and standing board of directors elected Joseph N.C.
Huang as Chairman of E.SUN Bank, Magi Chen as President of E.SUN FHC, and Mao-
Ching Chen as President of E.SUN Bank. In the past 12 years of serving as President, Chairman
Joseph N.C. Huang led E.SUN to pursue sustainable development via three pillars of
"system establishment, talent cultivation and information development." Talent is the leading
and key indicator for performance. The aim is to continually achieve the three goals of "overall
performance, CSR and sustainable development," to realize the shared vision of E.SUN, and to
become the most respected enterprise with the best overall performance.
■ Contribution to industry development
The financial holding company and its subsidiaries actively participate in activities organized
by The Bankers Association of the Republic of China, Taiwan Securities Association, Trust
Association of R.O.C., TABF and TFSR in order to promote the development of the domestic
financial industry. Ms. Liu Mei-Ling, SEVP of E.SUN Bank, is now the commissioner of the
Electronic Payment Committee under The Bankers Association. Ms. Liu provides advices on
financial innovation topics, such as open banking, third party providers, and application of
technologies. Chief Risk Officer Oliver Hsieh is the Vice Chairperson of the risk management
team of the Bankers Association of the Republic of China and provides advices on topics related
to financial risk management, climate change risk management and regulations on the requirements
of bank capital.