Operations Management

The responsibility of managing the day-to-day operations of the Bank and implementing the major business plans rest on the President and Chief Executive Officer. Critical issues, policies and guidelines are deliberated in the pertinent management committees:

• Senior Management Committee
• Asset and Liability Committee
• Senior Management Credit Committee
• IT Management Committee
• Non-Performing Assets Committee
• Acquired Assets Disposal Committee
• Promotions Committee
• Operations Committee
• Product Committee
• Bids and Awards Committee
• Information Technology Evaluation Committee
• Senior Management ICAAP Steering Committee
• AML Review Committee
• Integration Monitoring Committee

Committee meetings are conducted in a manner that ensures open communication, meaningful participation and timely resolution of issues.

The business plans, significant issues and its resolutions are escalated to the level of the Board as part of a strong culture of accountability and transparency embedded in the entire organization.

Most of the management committees have the President as the Chairman with the members comprised of senior management of the Bank and key officers of the various business segments, the Risk Management Group, Office of the Chief Legal Counsel, Internal Audit Group and Global Compliance Group. The composition and appointment of senior officers in the different management committees are assessed periodically and reorganized as necessary in line with the business priorities.