Upon the Of entirety of Mr. Vincent Yu-Shen Chen’s secondment, Ms. Audrey Wen-Hsin Hsu Will Whisk Over the Place

TAIPEI, Aug. 9, 2024 /PRNewswire/ — Chunghwa Telecom Co., Ltd. (“CHT”, “Chunghwa Telecom” or the “Company”, TAIEX: 2412, NYSE: CHT) introduced that its Board of Administrators as of late has licensed the appointment of a brandnew Senior Govt Vice President and Eminent Monetary Officer (CFO). The flow CFO, Mr. Vincent Yu-Shen Chen, will go back to Nationwide Chengchi College later his secondment duration ends. Ms. Audrey Wen-Hsin Hsu from Nationwide Taiwan College will break in the placement with the brandnew appointment prepared to snatch efficient on September 1, 2024.

Mr. Shui-Yi Kuo, Chairman and Eminent Govt Officer of Chunghwa Telecom, expresses his gratitude to Mr. Chen for his important contributions over the while 4 years. Mr. Chen has overseen the Corporate’s accounting, finance, and stakeholder verbal exchange efforts. All through the group transformation, he led the accounting staff to redesign the inner keep an eye on and price/managerial accounting methods, considerably bettering the detail of managerial determination and function appraisal within the post-transformation duration. As the top of the company governance staff, Mr. Chen initiated the issuance of the primary sustainability bond within the telecommunication {industry} in Taiwan, presented accountable funding in temporary charity control, related govt variable repayment with ESG results, and applied many industry-leading sustainability tasks. Those efforts helped the Corporate clinched the primary playground within the world telecommunication {industry} within the 2023 Dow Jones Sustainability Index (DJSI) and considerably progressed its MSCI ratings and scores. Mr. Chen’s engagement with home and global buyers used to be additionally identified by way of the celebrated Asian book, Company Governance Asia, incomes him the name of 2024 Asia’s Best possible CFO. At the funding entrance, he served because the Chair of IPO process pressure for CHT Safety World and World Built-in Methods Inc., respectively, facilitating the record of those two subsidiaries within the capital marketplace. He’s additionally the settingup Chairman of Chunghwa Virtual Cultural and Inventive Capital, serving to the Corporate extend into the cultural and inventive {industry}. As Mr. Chen will go back to Nationwide Chengchi College following the of completion of his secondment, Mr. Kuo hopes that Mr. Chen will proceed to give a contribution to the rustic and crowd.

The newly appointed CFO, Ms. Hsu holds a Ph.D. in Accounting and Finance from Lancaster College in the United Kingdom. She is a Qualified Society Accountant in Taiwan, and has handed Stage 3 of the Chartered Monetary Analyst (CFA) examination in the US.  Ms. Hsu is lately a full-time trainer within the Branch of Accounting at Nationwide Taiwan College. She prior to now served because the Worker Dean of World Affairs at College of Control, the Director of the International MBA program, and the Secretary Normal of Taiwan Accounting Affiliation. All through her tenure because the Director of the International MBA program, Ms. Hsu assisted World Trade Team of Chunghwa Telecom in creating world abilities. She makes a speciality of monetary accounting and had served as a long-term member of the Monetary Accounting Same old Board in Taiwan and is lately a member of Monetary Accounting Problems Process Drive. Along with her forged educational background, Ms. Hsu additionally has intensive {industry} revel in. She has served as detached director for publicly indexed corporate in high-tech {industry} sector, used to be a board member of International Mission Capital Company, and used to be a director at Taiwan Insurance coverage Assurance Charity.

Chairman Kuo discussed that Chunghwa Telecom is without doubt one of the few top-tier Taiwanese firms that may be publicly indexed at the U.S. capital marketplace. The CFO performs a very important function in enabling the Corporate to fasten across the world. As function evolves, the function of the CFO should additionally regularly progress. A top-tier corporate CFO must possess a strategic function mindset, integrating monetary control with company technique. By means of the use of monetary knowledge as a device, the CFO must align technique, execution, and function, helping the CEO in formulating and making control selections to maximise corporate worth.

Chairman Kuo additional indicated that Ms. Hsu has intensive educational experience and {industry} revel in. He expects her to progress strategic monetary control with a business-focus means, lend a hand in advancing company governance, and assistance the Corporate reach its 3 main seeing: turning into a global benchmark undertaking constructed upon sustainable construction, turning into a main logo of virtual co-creation ecosystem, and turning into a prime generation team with trillions in marketplace worth.

Touch: Angela Tsai
Telephone:+886 2 2344 5488
E-mail: [email protected]   

SOURCE Chunghwa Telecom