OREANDA-NEWS. June 15, 2011. Earlier, ICBC Board of Directors was named the "Outstanding Board of Directors" at the "China Listed Company Board of Directors Round Table Forum and Seventh 'Round Table Award' Program" in Beijing hosted by Directors & Boards magazine in collaboration with all the listed company associations in the country.

Directors & Boards, published by Phoenix Publishing & Media Network (the leading group in China's publishing industry), is the only financial periodical in the country dedicated to the latest developments in corporate governance and board of directors. The magazine runs the annual Award Program of "China Listed Company Board of Directors Round Table Awards" for the sixth consecutive year. The judging panel screened out the first 100 finalists gauged by a scheme of 6 indexes: structure, behavior and performance of the Board, due diligence to the shareholder interest, external comment on the Board, jointly laid down by the School of Business, Nanjing University, the Enterprises Institute, Nanjing University and the Research Department of Directors & Boards. The winners of "Best Board of Directors" and "Outstanding Board of Directors" were then selected through scoring from all the listed company associations in the country and voted for online by the retail investors. Winning the award was a testimony on ICBC efforts in corporate governance, board of directors and board secretary's performance.