Corporate Governance

​Bank ABC Egypt considers wise governance practices as one of the fundamental factors for maintaining the Bank’s reputation locally and internationally. The Bank’s governance framework encompasses a set of rules that define the relationships between the Bank’s management, Board of Directors, shareholders, and other stakeholders.

Governance represents the framework that regulates the relationships between the Board of Directors, executive management, shareholders, and other stakeholders. It also addresses the principles adopted by the Bank to define its objectives, the resources and means required to achieve them, as well as the supervision of performance. Moreover, governance specifies the responsibilities and obligations of all concerned parties within the Bank, as well as the approach followed by the Board of Directors in managing the Bank.

Bank ABC Egypt,​ is guided by a highly qualified and experienced Board of Directors, entrusted with s​etting the Bank’s overall strategy, defining its key objectives, and determining the optimal means of achieving them. The Board plays a pivotal role in overseeing the performance of Senior Management, ensuring that all operations align with the Bank’s strategic vision, risk appetite, and compliance with applicable legal and regulatory frameworks.

The Board ensures that the Bank operates under a sound governance structure and an effective internal control system that safeguards the Bank’s stability, supports sustainable growth, and upholds its reputation. In addition to its strategic and supervisory roles, the Board is also responsible for fostering a culture of integrity, accountability, and ethical conduct across all levels of the organization.

The Board of Directors is composed of a carefully selected group of members, appointed by the General Assembly in line with regulatory requirements. All members possess the professional expertise and experience necessary to fulfill their responsibilities with diligence and in the best interest of the Bank. The Board’s composition reflects a strong governance framework, with a majority of Non-Executive Directors, including two Independent Members, none of whom hold executive roles or employment within the Bank.

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• ​Setting Strategy & Oversight: Establishing the Bank’s strategy, policies, and core objectives, and overseeing their implementation across all business functions. This includes approving business plans, assessing risk exposures, and setting forward-looking financial and operational goals.
• Financial Oversight: Reviewing and approving the Bank’s financial statements upon recommendation from the Audit Committee.
• Organizational Structure: Approving the Bank’s organizational structure, defining roles and responsibilities, and appointing key members of Senior Management.
• Stakeholder Alignment: Safeguarding the interests of shareholders, depositors, employees, and other stakeholders, with a clear prioritization of depositors' interests.
• Regulatory Compliance: Ensuring full compliance with all relevant laws, regulations, and supervisory requirements.
• Whistleblowing & Ethics: Establishing a robust Whistleblowing Policy that encourages employees to report violations or misconduct, based on credible documentation or evidence, in a secure and responsible manner.