Al Baraka عربي

Risk, Compliance & Audit Committee

In an effort to enhance operational efficiency and oversight, the Group dissolved both the Management Risk Committee and the Compliance Committee earlier in the year and combined them into a single committee, the Risk, Compliance & Audit Committee (“RCA”) The Committee’s mandate is to ensure appropriate oversight is provided and that proper actions are taken in the areas of risk, compliance and audit in line with the Central Bank of Bahrain (the “CBB”), Board of Directors/Board Committees requirements and best practices. The Committee is chaired by the Acting Group Chief Executive Officer and composed of several members of ABG’s executive management which includes the Heads of Credit & Risk Management, and Internal Audit, Treasury, Investments & Financial Institutions, Strategic Planning, Finance among other members.
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