TBC Bank is in compliance with the highest standards of corporate governance, which are based on the "Corporate Governance Code for Commercial Banks" and the best international practices. The bank's governance structure includes a general meeting of shareholders, Supervisory Board and Board of Directors operations of which are supported by dedicated committees. The Supervisory Board is composed of eight members, who are elected by the general meeting of shareholders for a four (4) years term. Under the Supervisory Board, the following committees are established: Corporate Governance and Nomination, Audit, Risk, Human Resources and Remuneration, Environmental/Social/Governance (ESG) and Ethics, and Technology and Data committees. The Supervisory Board plays a central role in corporate governance. It is responsible for appointment, supervision and performance evaluation of the board of directors.
„JSC TBC Bank Charter (English version follows immediately after the Georgian version)" |
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