Governance Model
The governance model of Standard Bank Angola provides for the delegation of powers to the Executive Committee and (Internal) Committees of the Board of Directors.
Standard Bank operates within a clearly defined governance framework. The Board of Directors clearly manages its role as a strategic advisor and risk supervisor, ensuring adherence to legal requirements for risk management. For this purpose, the following committees have been created within the scope of the administration and the executive committee:
| BOARD OF DIRECTORS' COMMITTEES | |||
|---|---|---|---|
| Human Capital Management Committee | |||
| Audit Committee | |||
| Risk Committee | |||
| Credit Governance Committee | |||
| IT Committee | |||
| Nomination and Remunerations Committee | |||
| EXECUTIVE COMMITTEES | |||
| Management Committee | |||
| Assets and Liabilities Committee | |||
| Risk Committee | |||
| Credit Governance Committee | |||
| IT Committee | |||
| Risk Management Committee | |||
| Credit Risk Committee | |||
| Pricing Committee | |||
| New Products Committee | |||
| Information Technology Project Management Committee | |||
| Procurement Committee | |||
| High-Risk Client Acceptance Committee | |||
| Human Capital Committee | |||
| Financial Internal Control Committee |