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Corporate Governance

Various Management Committees

The President is assisted by the following management committees, among others:

  • The Management Committee (ManCom) oversees the day-to-day supervision of the business and is chaired/led by the President/CEO and is composed of the Bank’s most senior line management officers.
     
  • The Assets and Liability Committee (ALCO) ensures that the Bank and its business units maintain adequate liquidity, capital, and funding to meet all business requirements at all times. ALCO is tasked to effectively manage capital with strict adherence to the risk disciplines set by the Board. ALCO is chaired/led by the President/COO and is composed of senior line management officers.
     
  • The Administrative Investigation Committee (AIC) investigates offenses involving deliberate disobedience, fraud, dishonesty, unethical behaviour, and other offenses that carry the sanction of suspension to dismissal.
     
  • The Bank Anti-Money Laundering Evaluation Committee (BAMLEC) primarily oversees the implementation of the Bank’s AMLA Program across the organization. BAMLEC deliberates, evaluates, and determines eligibility of transactions reported as suspicious transactions  prior to its submission to the Anti-Money Laundering Council (AMLC). BAMLEC, likewise, reports to CGCOC.