Founded in 2003, Noah Holdings (NYSE: NOAH) was successfully listed on the New York Stock Exchange on November 10, 2010, as the first independent wealth management organization to go public from mainland China. Noah’s corporate governance system follows U.S. Securities and Exchange Commission (SEC) regulations.
As the Company’s highest governing body, our Board of Directors include Remuneration Committee, Audit Committee, as well as Corporate Governance and Nomination Committee, whose members and chairmen are independent directors. Chairmen of the three committees regularly report their activities and resolutions to the Board of Directors to improve the transparency and efficiency of Board operation, as well as assist the Board in fulfilling its supervision responsibilities.
Board of Directors
Noah actively encourages diversity in the composition of its Board of Directors, taking into consideration factors including gender, age, nationality, cultural background , as well as the professional background and industry experience . Members of the Board must be selected by the Corporate Governance and Nomination Committee, and primarily consist of experienced financial veterans in the industry who have financial background and professional capabilities. Out of the nice board members, eight of them have risk management background.
In terms of independence and diversity, our Board of Directors have nine members in 2019, among whom three (33%) were female, and five (over half) were independent directors. This enables them to effectively supervising the operation of the Board and providing objective, professional advices on the firm’s operation.
Board Structure
Noah Holdings’ Board of Directors is the operational decision-making body of the Company, and consist of Audit Committee, Remuneration Committee, as well as Corporate Governance and Nomination Committee, each chaired by an independent director. Independent non-executive directors sitting on the Board account for over one-third of the total members of the Board.
For information on our ownership structure, please refer to the public disclosures made annually in Noah Holding’s 20F filing.
About the Board Members
Performance Evaluation and Remuneration of Directors
Noah’s Board performs annual self-assessment, which KPIs included engagement in corporate operations, Board composition and structure, Board culture, management of major topics, decision-making and monitoring, with a maximum score of 43. In 2019, Directors’ average self-assessment score was 42,
In terms of management remuneration, Noah’s management team sets annual objectives and review criterias based on our corporate operating strategy and annual operating plan. These work objectives include:
Senior management personnel are entitled to equity incentives which will be vested and awarded over 4 years. In the case of any senior management’s conduct is inconsistent with our corporate values or damaging to corporate interests during the vesting period, the Company has the right to cancel any outstanding equity incentives.
v Founded in 2003, Noah Holdings (NYSE: NOAH) was successfully listed on the New York Stock Exchange on November 10, 2010, as the first independent wealth management organization to go public from mainland China. Noah’s corporate governance system follows U.S. Securities and Exchange Commission (SEC) regulations. As the Company’s highest governing body, our Board of Directors include Remuneration Committee, Audit Committee, as well as Corporate Governance and Nomination Committee, whose members and chairmen are independent directors. Chairmen of the three committees regularly report their activities and resolutions to the Board of Directors to improve the transparency and efficiency of Board operation, as well as assist the Board in fulfilling its supervision responsibilities.
Board of Directors
Noah actively encourages diversity in the composition of its Board of Directors, taking into consideration factors including gender, age, nationality, cultural background , as well as the professional background and industry experience . Members of the Board must be selected by the Corporate Governance and Nomination Committee, and primarily consist of experienced financial veterans in the industry who have financial background and professional capabilities. Out of the nice board members, eight of them have risk management background.
In terms of independence and diversity, our Board of Directors have nine members in 2019, among whom three (33%) were female, and five (over half) were independent directors. This enables them to effectively supervising the operation of the Board and providing objective, professional advices on the firm’s operation.
Board Structure
Noah Holdings’ Board of Directors is the operational decision-making body of the Company, and consist of Audit Committee, Remuneration Committee, as well as Corporate Governance and Nomination Committee, each chaired by an independent director. Independent non-executive directors sitting on the Board account for over one-third of the total members of the Board.
Performance Evaluation and Remuneration of Directors
Noah’s Board performs annual self-assessment, which KPIs included engagement in corporate operations, Board composition and structure, Board culture, management of major topics, decision-making and monitoring, with a maximum score of 43. In 2019, Directors’ average self-assessment score was 42,

In terms of management remuneration, Noah’s management team sets annual objectives and review criterias based on our corporate operating strategy and annual operating plan. These work objectives include: