The Board of Directors
The Board of Directors (BOD) of ACB consists of eight members and is not involved in direct management. The BOD conducts periodic meetings to discuss banking-related issues. The BOD provides guidance on general strategic intents and long-term orientations, and sets financial targets assigned to the Management. The BOD monitors and supervises the activities of the Management through a number of committees, such as the Personnel Committee, Risk Management Committee, Credit Committee, Investment Committee and Strategy Committee
The Supervisory Board
The Supervisory Board monitors the Board of Directors and the Management for compliance with state rules & regulations as well as the bank’s charter. In addition, the Supervisory Board is responsible for internal audits, assessment of the bank’s financial statements, maintaining the accuracy and validity of accounting operations, etc. It controls operating costs by monitoring compliance with internal expense rules, and verifying whether actualized costs are within approved limits.
The Management Board
The Management consists of one President, eight Executive Vice Presidents. The Management is responsible for implementing the general strategic intents and financial targets set by the BOD, offering advice to the BOD on policy and strategic issues, and directly monitoring the bank’s operations.
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from 2011 to 2019