China Merchants Bank Non-Executive Director Shi Dai Resigns

The notable detail is the timing: an effective date roughly a year out, rather than an immediate departure, which suggests a managed handover rather than a disruption. The resignation also touches the strategy and sustainable development committee, the body most relevant to how a major Chinese lender frames its longer-term direction. Whether the seat is refilled in kind, or the committee's remit shifts, is the open question worth watching.