Supervisory Board

The Supervisory Board plays a leading role in shaping effective interaction between shareholders and the Bank’s management as well as in preventing conflicts of interest

Supervisory Board Role

The role and responsibilities of the Supervisory Board, which consists of nine members, are set out in the Bank`s Charter. These responsibilities include: considering and approving the long-term strategic guidelines, key performance indicators (KPIs), approaches to the risk management and internal control frameworks, controlling the performance of the Bank’s executive bodies.


The Supervisory Board also provides advisory assistance to the Management Board on comprehensive issues, in accordance with the Banks’s core values of transparency, trust and integrity.