|
BOARD MEMBERSHIP |
AUDIT COMMITTEE | RISK MANAGEMENT COMMITTEE |
HUMAN RESOURCES SALARY COMMITTEE |
|
CHAIRWOMAN OF THE BOARD OF THE DIRECTORS |
1 | 1 |
1 |
|
BOARD MEMBER |
1 | 3 |
4 |
|
INDEPENDENT MEMBER |
3 | 2 |
0 |
| Total number of members | 5 | 6 |
5 |
1. Audit Committee
The audit committee has five members, three of whom are independent. The committee holds meetings quarterly, has over four meetings annually, and reports at least once annually to the Board of Directors. The Audit Committee is responsible for supporting the efficient collaboration between the internal and external auditors, the bank management, and members of the Board of Directors, ensuring the independence of the internal and external auditors. The committee is also responsible for giving recommendations to the BoD based on the results of the financial reporting process, the steady operation of the internal control system, audit operation, compliance with laws and regulations, and monitoring of the risk management activities.
2. Risk Management Committee
The Risk Management committee has six members, two of whom are independent. The committee holds meetings quarterly, has over four meetings annually, and regularly reports directly to the Board of Directors. The Risk Management committee is responsible to monitor and support the adequacy of measures taken by the bank’s executive management team regarding credit market, liquidity, operational, legal, reputational, and other types of risk management.
3. Human Resources and Remuneration Committee
The Human Resources and Remuneration Committee has five members. The committee holds a meeting on an annual basis and reports directly to the Board of Directors. The Human Resources and Remuneration Committee is responsible for supporting the formation of a skilled Board and Executive management team and reviewing whether the executives meet the requirements for the position, evaluating the performance of executive management annually, making proposals for selection or dismissal, and recommending the development of good governance to the Board of Directors.