1. Risk Management Committee. Responsible for defining and assessing policies, rules, and limits related to the management of all types of risks arising from the Bank's activities. The committee also coordinates the activities of other committees and prepares methodological guidelines and recommendations on internal regulations related to risk identification and control methods.
Composition:
Chairperson:
- Member of the Supervisory Board
Members:
- Independent Member of the Supervisory Board
- External Independent Member of the Risk Management Committee
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2. Audit Committee
Composition:
Chairperson:
- Independent Member of the Supervisory Board
Members:
- Independent Member of the Supervisory Board
- Independent Member of the Audit Committee
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3. Corporate Governance Committee
Composition:
Chairperson:
- Chairperson of the Supervisory Board
Members:
- Member of the Supervisory Board
- Independent Member of the Supervisory Board
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4. Asset and Liability Management Committee. Responsible for ensuring efficient management of the Bank’s liquidity and its overall assets and liabilities. The committee defines directions and objectives for managing liquidity, market risks, and financial resources, submits proposals to the Supervisory Board regarding interest rate changes based on market conditions, and ensures the continuous improvement of these processes.
Composition:
Chairperson:
- Independent Member of the Supervisory Board
Members:
- Chairperson of the Management Board
- Deputy Chairperson of the Management Board
- Deputy Chairperson of the Management Board (curator of the Finance Department)
- Executive Director for Corporate Banking
5. Remuneration Committee. Established to develop and submit to the Supervisory Board a remuneration policy based on long-term performance and aligned with strategic goals. The committee oversees the remuneration process, ensures it does not contradict the Bank’s interests, prevents short-term profits at the expense of long-term risks, and ensures the development of internal procedures for implementation.
Composition:
Chairperson:
- Chairperson of the Supervisory Board
Members:
- Chairperson of the Management Board
- Deputy Chairperson of the Management Board
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6. Information Technology Committee
Responsible for defining and implementing the Bank's IT policy, ensuring the uninterrupted and efficient operation of information and automated management systems. The committee monitors performance, sets strategic directions for the IT Department in line with the Bank’s strategic plan, justifies software and hardware acquisitions, supervises procurement tenders, prepares IT plans, and fulfills other related tasks.
Composition:
Chairperson:
- Member of the Supervisory Board
Members:
- Deputy Chairperson of the Management Board
- Deputy Chairperson of the Management Board
- Executive Director
- Executive Director for Information Technology
- Director of the IT Support Department
- Director of the Information Security Department
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7. Project and Investment Management Committee
Composition:
Chairperson:
Member of the Supervisory Board
Members:
- Chairperson of the Management Board
- Deputy Chairperson of the Management Board
- Deputy Chairperson of the Management Board
- Director of the Project Management Department
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8 Loan Committee. Has been acting as a body established in order to effectively manage credit risk in the banking activities, to identify credit policy, to confirm loan products, and to make changes in the existing loan products, to confirm acts of taking loans and loan commitments, as well as making changes in loan conditions and restructuring loans, to determine interest rates for the loans and loan commitments, to check and analyze sufficiency (adequacy) of reserves created for compensation of possible losses on loans, to analyze the risks related to the loan portfolio and to implement other duties.
Members::
- Chairman of the Board
- Deputy Chairman of the Board
- Deputy Chairman of the Board
- Member of the Board
- Member of the Board
- Bank Security Department Director
- Director of Credit Department
Updated: 15.05.2025
