Audit and Risk Management Committee

Structure

1 Vacant Chairman
2 Konstantinos Bratos Member
3 Ion Stancu Member

Responsibilities

The main objective of the Audit and Risk Management Committee is to assists the Board of Directors in fulfilling its duties in the audit and risk management areas in order to develop and maintain good management practices.
On the risk management side, the committee shall also advise the management body (Bank's Senior Managers and Board of Directors) on the overall current and future risk appetite and strategy and assist the management body in overseeing the implementation of that strategy by the Bank's Senior Managers.

The Audit and Risk Management Committee held 7 meetings in 2017.



Nomination and Remuneration Committee

Structure

1 Marinis Stratopoulos Chairman
2 Konstantinos Bratos Member
3 Vacant Member

Responsibilities

The main objective of the Nomination and Remuneration Committee is to assists the Board of Directors (the Board) in fulfilling its duties in the nomination and the remuneration areas in order to develop and maintain the best corporate governance practices.
In the nomination area, the committee shall contribute actively also to the fulfillment of responsibilities concerning the adoption of appropriate internal policies on assessment of the suitability of the members of the management body (Bank's Senior Managers and Board of Directors) and of key function holders.
In the remuneration area, the committee will exercise competent and independent judgment on remuneration policies and practices and the incentives created for managing risk, capital and liquidity. When performing its duties in the remuneration area, the committee:

  • takes into consideration the long-term interests of the shareholders and investors of the Bank or the Bank's Group;
  • focuses on:
    - the long-term sound and good management of the Bank or the Bank's Group and
    - the elimination or minimization of any conflicts of interest that could have a negative impact on the said management.