Division of Duties

1.Auditing Department, Board of Directors

Sets up and implements internal controls, supervises internal audits at subsidiaries, evaluates the implementation of internal controls and records its findings, and reports periodically to the Board of Directors and the Supervisors.

2.Business Department

 (1) Investor Relations Section:

Handles annual reports, acts as liaison with credit rating agencies, and arranges institutional investor press conferences.

(2) Planning Section:

Plans organizational development and business strategies, and handles corporate governance.

3.Administration Department

(1) Administration Section:

Handles personnel, payroll, and ethics matters.

(2) General Affairs Section:

Handles general office administration, legal affairs, cashier operations, documentation, and filing.

(3) Information Systems Section:

Plans and administers information systems and handles systems security maintenance.

4.Risk Management Department

Sets up risk management systems and contingency plans for TFH and its subsidiaries.

5.Finance Department

(1) Accounting Section:

Plans and implements groupwide budgets, year-end accounts, and accounting systems.

  (2) Investments Section:

  Manages groupwide investing, reconciling, and distributing of funds.

6.Function-based committees

The following function-based committees have been set up to strengthen management of TFH and its subsidiaries:

(1)Strategic Development Committee:

Deliberates upon, and steers the implementation of, major policy decisions of TFH and its subsidiaries relating to organizational development, business strategies, strategic alliances, and other such matters.

 (2)Risk Management Committee:

Deliberates upon, and steers the implementation of, risk and asset-liability management at TFH and its subsidiaries.

(3)Business Operations Committee:

Deliberates upon, and steers the implementation of, basic business strategy at TFH and its subsidiaries, oversees the business development of subsidiaries and evaluates their performance, and provides liaison among group subsidiaries.

(4)Cross-selling Committee:

Deliberates upon, and steers the implementation of, groupwide market integration in corporate financial and consumer banking services, financial products, and channels.