Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 23 August 2018, 15:15 HKT/SGT

Source: Aon
Aon and FORTUNE China announce China's Top Boards of Directors for 2018

SHANGHAI, Aug 23, 2018 - (Media OutReach) - Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement, and health solutions, and FORTUNE China, the global business news leader, have named top 50 boards of directors in China for 2018.

Aon and FORTUNE China selected outstanding boards of directors from China's 500 largest listed companies using a comprehensive methodology based on data sourced from annual reports, websites of exchanges and companies, and company announcements. Companies were ranked based on metrics including Return on Equity (ROE), growth achieved, proportion of independent directors, and track record of board members. Diversity was also a key factor in the selection - considering elements such as representation of female directors, industry experts, members of major institutes, government representatives, academics and senior executives on the boards.

This ranking is the first of its kind in China, aiming to showcase the value of efficient governance models to drive business performance. Each company was selected from the largest listed companies on the FORTUNE China 500, that have been on a major stock exchange such as NASDAQ, China's A Share, HK Share, or the Singapore Stock Exchange for at least one year.

Aon's 2018 Top 50 Boards of Directors-China have 40% independent directors - more than the median of 36% among other FORTUNE China 500 companies. This is also higher than stipulations from China Securities Regulatory Commission and the Hong Kong Stock Exchange that require no fewer than one in three Board members to be independent directors. Nevertheless, the proportion of independent directors of Chinese companies is still lower than that of many western countries - with independent directors of US S&P 500 companies accounting for about 85% of the board.

Further, two companies featuring in Aon's 2018 Top 50 Boards of Directors-China - Dali Foods and Dahua - have women making up 38% of their Boards. This is the highest ratio among the Top 50.

Peter Zhang, CEO of Aon Consulting, China, said: "As Chinese companies look to globalise and gain market share in the New Normal, they must transform their people practices to inspire a changing workforce. We must start from the top by having leadership teams that fuel collaboration, regular reflection and course correction driving business performance. Top boards provide oversight and advice that help organisations maximise their potential while protecting shareholders' interests."

Maiwen Zhang, Executive Chief Editor of FORTUNE China, said: "Boards of directors having diverse set of knowledge and skills are key to high-quality decision making. They can play a key role in helping companies accelerate innovation, navigate emerging risks and win investors' trust."

Aon's 2018 Top 50 Boards of Directors-China:

About Aon
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

For further information on our capabilities and to learn how we empower results for clients, please visit

Media Contacts
Jasmine Qiu
T: +86 21 2306 6865

Maneesh Sah
M: +65 9823 4186

Aug 23, 2018 15:15 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Peter Zhang, CEO, Aon Consulting, China
View Image

Aug 17, 2018 10:20 HKT/SGT
Managing Risk: Reputation events twice as costly for companies since rise of social media
Aug 15, 2018 00:00 HKT/SGT
Aon announces 7 Best Employers in Singapore for 2018
Aug 10, 2018 14:15 HKT/SGT
Technology Companies in Asia-Pacific Raise Hiring Expectations
July 9, 2018 21:10 HKT/SGT
Aon Announces First-of-its-Kind, Season-Long Golf Competition in Partnership with PGA TOUR and LPGA
June 25, 2018 12:00 HKT/SGT
Medical inflation rate in China falls to third-lowest in Asia
June 19, 2018 15:45 HKT/SGT
Medical inflation rate in Hong Kong highest in Greater China
May 30, 2018 18:40 HKT/SGT
Employee Engagement In The Philippines Bounces Back By 6 Points
May 22, 2018 15:00 HKT/SGT
Aon and DLA Piper review insurability of GDPR fines across Europe
May 14, 2018 13:00 HKT/SGT
Malaysia Bounces Back With 4-Point Increase in Employee Engagement
Apr 11, 2018 10:20 HKT/SGT
Islamic State poses a sustained threat to Singapore and Southeast Asia
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: