Asset and Liability Management Committee

The primary objective of Asset and Liability Management Committee (ALCO) is to ensure a proper balance in terms of maturity profile, cost and yield, risk exposure etc., between funds mobilised…

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Audit
Committee

The Audit Committee assists the Board in discharging its duties in relation to financial reporting, asset management, risk management, internal control systems, processes and procedures and monitors the quality…

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Credit
Committee

The Credit Committee comprises three local Directors with a good knowledge of the Malawi economy and business environment. Its overall responsibility is to ensure the soundness of the Bank’s credit portfolio…

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Appointments & Rem. Committee

The Appointments and Remuneration Committee nominates persons to be appointed Directors (subject to shareholders’ approval) and recommends to the Board, executive and non-executive Directors and senior management…

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Risk
Committee

The Risk Committee assists the Board in relation to assessing, controlling and mitigating business risks. The Committee identifies risks facing the Bank and recommends controls to the Board. The Risk Committee comprises two…

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