Risk CommitteeThe Risk Committee of the Board of Directors is responsible for preliminary consideration, analysis and proposals to the Board of Directors of the following key subjects: oversight the risk and capital management strategу, establishing risk appetite, monitoring the effectiveness of the risk management system, improvement of risk-culture and “Three lines of defence” model, IRB models and validation.
Audit CommitteeThe Audit Committee provides assistance to the Board of Directors in overseeing internal audit and financial reporting processes, as well as in assuring high quality of corporate governance system, and in maintaining of efficient corporate control. Read more
General Shareholders’ MeetingGeneral Shareholders’ Meeting is supreme governing body of Alfa-Bank. General Shareholders’ Meeting pass decisions on principal issues of the Bank’s performance such as amendments to the Bank’s Charter, issue of new shares, election of the Board of Directors and determining of Board of Directors numerical composition, approval of external auditors and distribution of profit.
Board of DirectorsThe Board of Directors performs supervisory functions and develops the Bank’s strategy as well as decides general matters except for those falling within Terms of reference of General Shareholders Meeting. Read more
Chairman of the Executive BoardThe Chairman of the Executive Board and the Executive Board are responsible for operational control over the Bank and cover all matters related to the day-to-day management of the Bank except for those falling within the competence of General Shareholders’ meeting and Board of Directors.
Executive BoardThe Chairman of the Executive Board and the Executive Board are responsible for operational control over the Bank and cover all matters related to the day-to-day management of the Bank except for those falling within the competence of General Shareholders’ meeting and Board of Directors.
Staff and Remuneration CommitteeThe Staff and Remuneration Committee reports to the Board of Directors and drafts recommendations on key appointments and remuneration of the members of the Bank’s governance bodies. The main function of the Staff and Remuneration Committee is to contribute to appointment of highly qualified specialists at the management positions and to provide incentives to their work.
Executive Board CommitteesStrategic Risk Committee; Chief Credit Committee; Retail Credit Committee; Management Committee on operational risk; Tender Committee; Asset and Liability Management Committee; Investment Committee; Credit Committee; Planning-Budget Committee; IT Tasks Steering Committee; Special Products Sales Management Committee; Regional Business Development Committee; Ethics and Social Responsibility Committee
The rights, duties, responsibilities and procedures of the General Shareholders’ Meeting, the Board of Directors and the Executive Board as well as the committees installed by the Board of Directors and the Executive Board are specified in respective regulations and documents on these corporate governance bodies, which are available under Corporate Governance section.