Supervisory Board Structure


   

   

MAIN FUNCTIONS OF THE COMMITTEES OF THE SUPERVISORY BOARD

AUDIT COMMITTEE

PRELIMINARY CONSIDERATION OF THE ISSUES CONNECTED WITH:

✓  accounting ( nancial) reports of the Bank;
✓  risk management;
✓  internal control;
✓  corporate governance;
✓  internal and external audit;
✓  counteraction of unscrupulous practices of the Bank employees and third parties;
✓  review of the report submitted by the Audit Commission on the results of inspection of the nancial and economic activities of the Bank. 

HR AND REMUNERATION COMMITTEE

PRELIMINARY CONSIDERATION OF THE FOLLOWING ISSUES:

✓  continuity planning and formation of the professional composition of the Supervisory Board, executive bodies and other top executives of the Bank;

✓  development of an e ective system of remuneration to members of the Supervisory Board, executive bodies and other employees of the Bank. 

STRATEGIC PLANNING COMMITTEE

PRELIMINARY CONSIDERATION OF THE FOLLOWING ISSUES:

✓  determination of strategic objectives of the Bank (together with the executive bodies of the Bank);

✓  monitoring of the implementation of Bank’s Development Strategy and development of recommendations to the Supervisory Board for its adjustment;

✓  assessment of long-term performance e ciency of the Bank.

RISK MANAGEMENT COMMITTEE

PRELIMINARY CONSIDERATION OF THE FOLLOWING ISSUES:

✓  Bank Risk and Equity Management Strategy;

✓  assessment of the Bank’s policy on remuneration of the members of the Supervisory Board, executive bodies and other key executives of the Bank for compliance with the strategy of the Bank’s risk and capital management; 

✓  control over ensuring the completeness, accuracy and reliability of information on the risks assumed by the Bank.

   


INFORMATION ON THE STATUSES OF THE MEMBERS OF THE SUPERVISORY BOARD,
STRUCTURE OF THE COMMITTEES