Director change at CBL International (NASDAQ: BANL) reshapes committees

Rhea-AI Filing Summary

CBL International Limited reported a change in its board of directors and committee leadership. On February 27, 2026, director Ulf Lothar Naujeck notified the company of his decision to resign from the Board, effective February 28, 2026. His resignation also ended his roles as chairman of the Compensation Committee and as a member of the Nominating and Corporate Governance Committee. The company stated that his resignation is not related to any disagreement with management, the Board, or company operations or policies.

On March 5, 2026, the Board appointed existing independent director Khai Fei Wong as chairman of the Compensation Committee and independent director Koon Liang Ong as a member of the Nominating and Corporate Governance Committee, filling the committee vacancies. After these moves, the Board has six members, including three independent directors. The company does not plan to immediately fill the Board vacancy created by Mr. Naujeck’s departure and will do so later at the Board’s discretion.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-41657

CBL INTERNATIONAL LIMITED

(Registrant’s Name)

Level 23-2, Menara Permata Sapura
Kuala Lumpur City Centre
50088 Kuala Lumpur
Malaysia
(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

Resignation of Director and Committee Appointments

On February 27, 2026, CBL International Limited (the “Company”) received written notice from Mr. Ulf Lothar Naujeck, a member of the Company’s board of directors (the “Board”), of his intent to resign from the Board, effective as of February 28, 2026. Mr. Naujeck’s resignation also resulted in his ceasing to serve as the chairman of the compensation committee of the Board (the “Compensation Committee”) and as a member of the nominating and corporate governance committee of the Board (the “Nominating and Corporate Governance Committee”). Mr. Naujeck’s resignation is not related to any disagreement with the Company’s management, the Board, or any of the Company’s operations, policies, or practices.

On March 5, 2026, the Board appointed Mr. Khai Fei Wong, an existing independent director of the Board, as the chairman of the Compensation Committee. Additionally, the Board appointed Mr. Koon Liang Ong, an existing independent director of the Board, as a member of the Nominating and Corporate Governance Committee. These appointments fill the committee vacancies resulting from Mr. Naujeck’s resignation.

Following these appointments, the Board is comprised of six members, including three independent directors. The Company does not anticipate immediately filling the vacancy on the Board caused by Mr. Naujeck’s resignation, and such vacancy will be filled upon the identification of a suitable candidate in the Board’s sole discretion.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CBL International Limited
	By:	/s/ Teck Lim Chia
	Name:	Teck Lim Chia
Date: March 5, 2026	Title:	Chief Executive Officer

FAQ

What board change did CBL International (BANL) disclose in this Form 6-K?

CBL International disclosed the resignation of director Ulf Lothar Naujeck. His resignation, effective February 28, 2026, also ended his service as chairman of the Compensation Committee and as a member of the Nominating and Corporate Governance Committee.

Did CBL International (BANL) indicate any disagreement behind the director’s resignation?

The company stated there was no disagreement behind the resignation. It specifically noted Mr. Naujeck’s departure was not related to any disagreement with management, the Board, or the company’s operations, policies, or practices, suggesting an orderly, non-contentious transition.

Who replaced Ulf Lothar Naujeck in CBL International’s board committees?

Khai Fei Wong was appointed chairman of the Compensation Committee. Additionally, independent director Koon Liang Ong was appointed as a member of the Nominating and Corporate Governance Committee, filling the committee roles vacated by Mr. Naujeck’s resignation.

How is CBL International’s (BANL) board structured after these appointments?

After the appointments, the Board consists of six members. The company noted that three of these six directors are independent, maintaining an element of independent oversight within its board structure and key governance committees.

Will CBL International (BANL) immediately fill the vacant board seat?

The company does not plan to immediately fill the vacant seat. It stated that the vacancy created by Mr. Naujeck’s resignation will be filled later, once a suitable candidate is identified at the Board’s sole discretion.

What governance committees were affected by the CBL International director change?

The Compensation Committee and the Nominating and Corporate Governance Committee were affected. Mr. Naujeck’s resignation created vacancies that were filled by independent directors Khai Fei Wong and Koon Liang Ong, preserving committee functionality.