Effective corporate governance is key to the successful operation of the bank. It is the most important area in improving the efficiency of the financial institution that determines the stability of development, protection of the rights and interests of shareholders, customers and other stakeholders.
The Bank's activities involve various risks. In this regard, there is a need for a comprehensive approach to corporate governance and internal control. In order to establish a clear system of internal control bank conducts a thorough and regular assessment of the nature and extent of risks.
A full-blown Corporate Governance structure exists at the Bank, which includes the superior management body – general meeting of the shareholders, the Supervisory Board of the bank with independent members, the Executive Board of the Bank and Revision Committee, 7 committees under the Executive Board and 4 Committees under the Supervisory Board, the composition of which includes the members of the Supervisory Board.
Committees of the Supervisory Board of the Bank:
- Audit Committee;
- Risk Oversight Committee;
- Human resources and Remuneration Committee;
- Strategic Planning Committee.
Committees of the Executive Board of the Bank:
- Asset and Liability Management Committee;
- Credit Committee;
- Investment Committee.
- Budget Committee;
- Business Development and Transformation Committee;
- Operational Risk Management Committee;
- Information Technology Committee.
