Audit Committee
The mandate of the Audit Committee is to assist the BoD in safeguarding the procedure for the production of reliable and adequate financial information for the timely generation of the bank’s and the group’s financial statements, adopting and installing an independent, modern and effective Internal Control System, ensuring the objectivity and independence of internal and external auditors and the communication between them and with the BoD, as well as overseeing and ensuring compliance with the institutional and regulatory framework, the policies and the rules of the bank and the group.
Committee holds meetings regularly at least six times per year or ad hoc as required. The Audit Committee operates according to its Rules of Procedure, as approved by the BoD, and consists of the following Non-Executive Members of the BoD:
- Pavlos Kanellopoulos - Chairman
- Cleo Lymberi - Member
- Petros Tzannetakis - Member
Remuneration and Nominations Committee
The mandate of the Remuneration and Nominations Committee is to assist the BoD in handling issues related to remuneration and nomination of candidates. Specifically, the Remuneration and Nominations Committee, among others, submits proposals and prepares resolutions regarding the remuneration of persons falling within the application field of the remuneration policy the Bank adopts from time to time, monitors the implementation of the remuneration policy, annually evaluates the policy based on best practices and submits proposals on improvement actions, if deem necessary, while, at the same time, contributes to the formation of the Suitability Policy of the bank, determining also the suitability criteria with regard to the members of the BoD (individual and collective ones), monitors the implementation and evaluates the Suitability Policy on an annual basis and, if deemed necessary, submits proposals for its revision. The responsibilities of the Remuneration and Nominations Committee are analytically described in the Rules of Procedure governing its operation.
The Remuneration and Nominations Committee holds meetings regularly at least two (2) times per year or ad hoc as required, and consists of the following Non-Executive Members of the BoD:
- Georgios Kyriakos - Chairman
- Theofanis Voutsaras - Member
- Pavlos Kanellopoulos - Member
- Cleo Lymperi - Member
Risk Management Committee
The mandate of the Risk Management Committee is to support the BoD in executing its duties related to the overall risk assumption and management strategy, in order to effectively cover all types of risk and ensure their comprehensive control, expert management and the required coordination at all function levels of our bank.
The Risk Management Committee holds meetings regularly, depending on the existing needs and at least once every quarter. The Risk Management Committee operates according to its Rules of Procedure, as approved by the BoD, and consists of the following Members of the BoD:
- Cleo Lymperi - Chairman
- Theodoros Efthys - Member
- Pavlos Kanellopoulos - Member
- Georgia Kontogianni - Member
- Angelos Sapranidis - Member