Management Committee Charter
Management committees support the Chief Executive Officer in overseeing the Bank´s daily operations. Acting within the Bank’s Delegation of Authority work, these committees play a crucial role in reviewing and challenging underlying matters while ensuring balanced, robust, and diversified decision-making.
| Management Committee | Abbreviation | Description |
|---|---|---|
| Executive Committee | EXCO | Discusses overall Bank affairs including strategy, governance, and budgets. |
| Credit Execution Committee | CEC | Oversees credit and investment risk exposures across business lines. |
| Asset & Liability Committee | ALCO | Monitors Asset & Liability Management strategies and limits. |
| Executive Risk Committee | ERC | Oversees the Bank’s risk appetite and Enterprise Risk work. |
| IT Steering Committee | ITSC | Oversees IT-related strategic matters and projects. |
| Executive Compliance Committee | ECC | Manages Financial Crimes and Regulatory Compliance matters. |
| Human Resource Committee | HRC | Supports HR initiatives and operational HR decisions. |
| Disciplinary Committee | DC | Handles internal disciplinary cases within the Bank. |
| Model Oversight Committee | MOC | Ensures models used within the Bank remain fit for purpose. |
| New Products & Services Committee | NPSC | Approves new products/services and changes to existing offerings. |
| Vendor Management Committee | VMC | Oversees vendor management and third-party suppliers. |
