Nomination and Remuneration Committee
The mission of the Nomination and Remuneration Committee shall be to advice and support the Board of Directors and the General Meeting in relation to matters of nominations, appraisals and remunerations of (i) the members of the Board of Directors and Supervisory Board, (ii) the Top Management (the persons at the highest hierarchical level in charge of effectively managing the day-to-day operation), (iii) the Risk and Control Functions Heads (namely Risk, Audit and Compliance) of the Bank (irrespective of their functional category), as well as (iv) other employees holding essential functions or whose total remuneration is at the same level of remuneration as the foregoing, as defined by the Board of Directors.
The Committee shall also have the task of promoting the implementation of the internal policies relating to the Selection and Evaluation of the Adequacy of Members of the Board of Directors and Supervisory Bodies and of the Bank’s Essential Function Holders and ensures its full effectiveness. The Committee also monitors the application and revision of the Prevention and Management of Conflicts of Interest Policy.
Risk Committee
The mission of the Risk Committee shall be to advise and support the Board of Directors in the exercise of its supervisory function in decision-making processes related to risk management, compliance and internal control, issuing the recommendations it deems necessary.
Its main scope is to contribute to the design and implementation in the Bank of an adequate risk management strategy, effective risk and compliance management systems and internal control, reporting regularly its conclusions and recommendations to the Board of Directors in the exercise of its supervisory function.