Bank ProfileFacts & FiguresCorporate Governance

Corporate Governance

Principles

ACLEDA Bank Plc is governed on the principle of clear separation of responsibilities between a non-executive Board of Directors acting collectively and answerable to the Shareholders, and an executive management team led by the President & CEO who has the direct day-to-day responsibility for controlling the business and operational affairs of the bank.

Certain standing committees ('Board Committees') have been created to assist the Board on specific matters. Board Committees are chaired by a non-executive Director and report directly to the Board.

Shareholders

The shareholders are the owners of the bank. However, except for approving certain critical strategic matters the Shareholders have no direct powers to manage it in any way but delegate this responsibility to the Board of Directors through the Articles of Association.

Please click here to see more about ACLEDA Bank Plc's Shareholders.