Board Committees

Audit Committee

The Audit Committee assists the Board in:

Oversight of management’s responsibilities to assure that there is an effective system of controls reasonably designed to safeguard the assets and income of the Bank
Assure the integrity of the Bank’s financial statements and maintain compliance with the Bank’s policies, plans and procedures, and with laws and regulations.
Assists the Board in its oversight of the Internal Audit function.

The committee is formulated according to Article No. (119) Of the law of CBE & banking Sector No 194 for Year 2020 and the CBE corporate Governance Regulations issued 2011. The committee shall be consisting of 3 non-executive members.

Formation of the Audit Committee:

1	Mr. Hatem Sadek Ali Sadek	Non-Executive Board Member	President
2	Major General Mr. Abu Bakr El Gindi	Non-Executive Board Member	Member
3	Dr. Mohamed Ahmed Mohamed Youssef	Non-Executive Board Member	Member

Risk Committee

The Risk Committee assists the Board in:

Oversight of management’s responsibility to implement an effective risk management framework reasonably designed to identify.
Assess and manage the Bank’s strategic, credit and investment, market, and operational risks.
Approve applicable primary risk policies and make recommendations on the Bank’s strategies and policies for risk management.

The Committee shall not be composed of less than three members. The majority of its members shall be non-executive board members and the Chairman of the Committee shall be a non-executive member.

Formation of the Risk Committee:

1	Mrs. May Abdel Hamid Ahmed El sayed	independent Board Member	President
2	Mr. Fahmy Kamal Hanna	Non-Executive Chairman	Member
3	Dr. Ahmed Abdel Salam Abdel Aziz	Non-Executive Board Member	Member
4	Mr. Hassan Mokhtar Hegazi Kamal ElDin	Non-Executive Board Member	Member

Corporate Governance and Nomination Committee

The purpose of the Corporate Governance & Nomination Committee is to:

Evaluate and recommend to the Board corporate governance practices applicable to the Bank.
Exercise general oversight with respect to the governance of the Board of Directors.
Review the qualifications of and recommend to the Board of Directors proposed nominees for election to the Board.
Appraise the framework for assessment of Board performance and the Board self-evaluation.

Formation of the Corporate Governance and Nomination Committee:

1	Mr. Hassan Mokhtar Hegazi Kamal ElDin	Non-Executive Board Member	President
2	Mr. Khaled Gameel Hellal Omar	Independent Board Member	Member
3	Mr. Omar Abdelhamid Ibrahim Gouda	Non-Executive Board Member	Member

Remuneration and Compensation Committee

The purpose of the Remuneration & Compensation Committee is to assist Board in the oversight of:

The Bank’s compensation principles and practices, including by reviewing and approving the Bank’s compensation and benefit policies.
The values and incentives for Bank executives and employees.

The Committee shall be composed of three non-executive board members as per the CBE Corporate Governance Regulations issued 2011.

Formation of the Remuneration Committee:

1	Major General Mr. Abu Bakr El Gindi	Non-Executive Board Member	President
2	Mr. Sayed Farouk Abdel Hamid Elbaroudy	Non-Executive Board Member	Member
3	Mr. Abdel Rahman Mohamed Shatla	Non-Executive Board Member	Member