The Bank has 4 Board committees:
- Audit Committee
- Cyber & Technology Committee
- Nomination & Remuneration Committee
- Risk Committee
Audit Committee
The main function of the Committee is to oversee the financial reporting process and effectiveness of the Bank’s internal controls. The Committee also reviews and monitors the independence of the external audit process and performance of external auditors, and effectiveness of the Internal Audit and Compliance systems.
Members
Mr Alastair BRYCE
Mr Vikas MONAWER
Mr Fiorangelo SALVATORELLI
Cyber & Technology Committee
The Committee shall assist the Board in reviewing, assessing and monitoring all Information Technology, Cyber Security and digitalisation related matters. This includes providing oversight of the Bank’s technology strategy, digital transformation, and major technology investments, monitoring and advising on cybersecurity risk management and regulatory compliance and ensuring alignment between business strategy, IT strategy, and risk appetite.
Members
Mr Fiorangelo SALVATORELLI (Chairperson)
Mr David John CHARTERS
Mr Vishal Kumar JOYRAM
Mr James Kevin SIMMONDS
Nomination & Remuneration Committee
The main function of the Committee is to oversee the composition and effectiveness of the Board and senior management, ensuring the Bank is led by individuals with the appropriate skills, experience, and integrity. The Committee also reviews and recommends the Bank’s remuneration policies and practices to ensure they are aligned with regulatory requirements, support sound risk management, and promote long-term value creation. Additionally, the Committee monitors corporate governance practices and succession planning frameworks across the Bank.
Members
Mr David John CHARTERS (Chairperson)
Mr Olivier JAUFFRET
Ms Shainy Luxmi JOGANAH
Mr James Kevin SIMMONDS
Risk Committee
The main function of the Committee is to advise the Board on the Bank’s overall risk appetite and oversee the effectiveness of risk management across all key risk areas, including credit, market, liquidity, operational, legal, compliance, reputational, and emerging risks. The Committee monitors senior management’s implementation of risk policies and frameworks, ensures appropriate risk mitigation actions are taken, and reviews risk reporting to the Board. It also oversees the Bank’s risk culture, stress testing, and governance frameworks to ensure risks are managed in line with regulatory requirements and best practices.
Members
Mr David John CHARTERS (Chairperson)
Mr Alastair James BRYCE
Mr Vishal Kumar JOYRAM
Mr Vikas MONAWER
Mr James Kevin SIMMONDS
