Other committees

Asset, Liability and Risk Committee

The Asset, Liability and Risk Committee is a body established to monitor, analyse, discuss and guide the development and overall management of NIB’s balance sheet, its risk and capital, funding and liquidity positions. The Asset, Liability and Risk Committee comprises some members of the Executive Committee and other senior staff that the President has appointed as members. The Committee meets approximately 12 times a year but can convene more frequently if necessary.

Mandate, Credit & Compliance Committee

The Mandate, Credit & Compliance Committee is responsible for the preparation of and the decision-making on matters related to the lending operations of the Bank. The President exercises his delegated decision-making powers concerning lending operations through the Mandate, Credit & Compliance Committee. The Committee includes the President and meets once a week.

Business & Technology Committee

The Business & Technology Committee deals with the implementation and management of business processes, products and structures, and related IT matters, such as the Bank’s enterprise architecture. The committee functions as an advisory body for the President within its focus area and in IT related matters.