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Relations with the Bank’s Risk Group
Committees
All relevant transactions with entities in the Bank’s risk group are conducted in accordance with Banking
Law, and within the framework of market conditions. Detailed explanations of these transactions are
included in Unconsolidated Financial Statements, Explanations and Footnotes, and Footnote No. VII in
section five of the Independent Audit Report prepared on December 31, 2013 for public disclosure.
Audit Committee
The Committee consists of threemembers of the Board of
Directors with no executive duties. Themembers attended all
meetings during the year except for excused absences.
Responsibilities of the Committee
The Committee audits the adequacy and efficiency of internal
control, riskmanagement and internal audit systems, as well as
the operation of these systems and of accounting and reporting
systems -pursuant to regulatory requirements- and ensures the
integrity of generated data. The Committee is also responsible
for performing preliminary preparations required for the election
of independent audit companies, and for regularly tracking
the activities of these companies. Moreover, the Committee is
responsible for ensuring that the internal auditing functions of
institutions subject to consolidation are implemented in a secure
and coordinatedmanner.
Committee Members:
Abdurauf IbrahimSHNEBA, Chairman, Member of the Board of
Directors
Hüseyin Emre YILMAZ, Member, Member of the Board of
Directors
Ömer Muzaffer BAKTIR, Member, Member of the Board of
Directors
Credit Committee
The Credit Committee is a sub-committee that works under the
Board of Directors. The Board of Directors has transferred its
authority to the Credit Committee provided that the loans to be
extended remain within the limits stated in the Regulation on Credit
Operations of Banks, and Article 51 entitled “Extending Loans” of
the Banking Law. Themembers of the Credit Committee attended
all meetings during the year except for excused absences.
Responsibilities of the Committee
The Committee evaluates and resolves the proposals it receives
from the General Management within the boundaries of the
authority bestowed upon it by the Board of Directors.
Committee Members:
Ömer Muzaffer BAKTIR, Chairman, Member of the Board of
Directors
Sadek K.S. ABUHALLALA, Member, Member of the Board of
Directors and General Manager
Abdulfatah A.ENAAMI, Member, Member of the Board of
Directors
Bahattin ÖZARSLANTÜRK, Member, Member of the Board of
Directors
Abdurauf IbrahimSHNEBA, AssociateMember, Member of the
Board of Directors
EsamMustafa I. ELRAYAS, AssociateMember, Member of the
Board of Directors
Corporate Governance Committee
The Committee was established according to the provisions of
the Regulation on the Banks’ Corporate Governance Principles,
published in Official Gazette No, 26333, dated November 1, 2006.
Themembers of the Committee attended all meetings during the
year except for excused absences.
Responsibilities of the Committee
The Committee submits proposals to the Board of Directors
regarding improvement efforts by monitoring the Bank’s
compliance with Corporate Governance Principles.
Committee Members:
Osman ARSLAN, Chairman, Chairman of the Board of Directors
Sadek K.S. ABUHALLALA, Member, Member of the Board of
Directors and General Manager
Hüseyin Emre YILMAZ, Member, Member of the Board of
Directors
EsamMustafa I. ELRAYAS, Member, Member of the Board of
Directors
Salih HATİPOĞLU, Member, Assistant General Manager, Financial
Management and Planning Division and by proxy for Business
Support Division.