High-quality Corporate Governance is vital for safeguarding our business and the interests of our shareholders.
Commercial Bank has a well-developed system of Corporate Governance, which aims to ensure that we comply with our Articles of Association, relevant regulatory requirements and best practices.
The Corporate Governance Charter
The Charter contains detailed guidelines for our governance framework. Our Board of Directors is responsible for ensuring we comply with these guidelines, which take into account our regulatory obligations.
The Head of Corporate Affairs will formally review the Charter for its completeness, adequacy, and alignment to business imperatives (current and future) on an annual basis or on a more frequent basis if deemed necessary.
Corporate Governance Charter
The Board of Directors Charter
Our Board of Directors is responsible for the Bank’s stewardship, providing effective leadership and supervising the management of our business, so it grows profitably and sustainably.
The Board of Directors Charter governs how the board operates. This includes board meetings, board composition and membership. It also outlines the Board’s roles and responsibilities, its committees and its code of ethics.
Board of Directors Charter
Board Committees Charters
The Board has six committees, including the Board Audit and Compliance Committee, the Board Risk Committee, the Board Executive Committee, the Policy, Strategy and Governance Committee, the Nomination Committee and the Remuneration Committee.
The Board Committees Charters govern how the committees operate and outlines the responsibilities, composition and membership of each committee.
Board Committees Charter
Annual Corporate Governance Report
Each year, our Corporate Governance Report includes a detailed description of our Corporate Governance arrangements and explains any actions we have taken during the year to strengthen our governance.
Corporate Governance Report 2016
Corporate Governance Report 2015
Corporate Governance Report 2014
Corporate Governance Report 2013
Corporate Governance Report 2012
Corporate Governance Report 2011