Committees of the Supervisory Board
About the committees of the Supervisory Board of JSC Belagroprombank
JSC Belagroprombank (hereinafter referred to as the bank) operates and annually re-elects 4 committees under the bank's Supervisory board: the audit committee, the risk committee, the human resources and remuneration committee, the strategy committee - headed by independent directors.
Committees under the Bank's Supervisory Board are consultative and advisory bodies that ensure the effective performance by the bank's Supervisory Board of its functions for the general management of the bank's activities and are accountable to the bank's Supervisory board. Committees under the bank's Supervisory Board are not the bank's management bodies and do not have the right to act on behalf of the bank.
Committees under the bank's Supervisory Board were created for the purpose of preliminary consideration of the most important issues within the competence of the bank's Supervisory Board and to assist the bank's Supervisory Board while exercising its authorities.
The main task of the committees under the bank's Supervisory Board is to ensure high-quality preparation of decisions of the bank's Supervisory board on issues within their competence, through an in-depth study of these issues and development of the necessary recommendations.
Committees, within the framework of their competence:
- analyze the process of implementing the goals and strategic development plan of the bank, implementing the decisions of the bank’s Supervisory Board;
- submit to the bank's Supervisory Board their recommendations and regular reports on the activities of committees under the bank's Supervisory Board.
Committees under the bank’s Supervisory Board carry out their activities in accordance with the law, the Articles of JSC Belagroprombank, the Regulations on committees under the Supervisory Board of JSC Belagroprombank, other local legal acts and decisions of the General meeting of Shareholders and the bank’s Supervisory Board.
The Audit Committee of the bank's Supervisory Board consists of 5 persons: 2 independent directors, 1 member of the bank’s Supervisory Board, an official responsible for internal control, and the head of the internal audit department. 80 % of the committee are women.
The Risk Committee of the bank's Supervisory board consists of 5 persons: 2 independent directors, 1 member of the bank’s Supervisory Board, an official responsible for risk management, and the head of the risk department. 20% of the committee are women.
The Human resources and Remuneration Committee under the bank's Supervisory Board consists 5 persons: 2 independent directors, 1 member of the Supervisory Board, a head of the human resources department, a head of the financial department. 100 % of the committee are men.
The Strategy Committee of the bank's Supervisory Board consists of 4 persons: 1 independent director, 2 members of the bank’s Supervisory Board, 1 deputy chairman of the board. 25 % of the committee are women.
