The objectives of the Compensation & Remuneration Committee (hereinafter referred to as The Committee) are to assist the Board of Supervisors in overseeing the nomination and appointment of key personnel of the bank, including Board of Supervisors members, committee members, and key management personnel.
Roles and Responsibilities
· To determine specific compensation and remuneration packages for Board committee members, Board of Management, CEO, Deputy CEO, CIBO, CIO, Chief Risk Officer, Chief Internal Auditor, and Chief Compliance Officer, consistent with the banks financial condition and future prospects.
· To review and recommend the Salary Scale for All Positions to the full board.
To review the annual performance appraisals of key personnel of the bank and recommend any increments or promotions to the full board.
Related Topics
Risk Management Committee
Compliance Committee
Audit Committee
Nomination Committee
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