Chief Executive Officer
It is the body responsible for the Bank's senior management. It is formed by the Chairman, Vice Chairman and Chief Executive Officer.
The duties of the Committee include all matters concerning the management and operation of the company. Its role deals with agreeing, performing and signing any act, contract, pact or agreement that leads to accomplishing the objectives of the Bank and may particularly:
The Audit Committee is an important internal control body; its mission is to strengthen and support corporate governance. Its duties are supplemental to those of the general counsel established by Organic Law.
The Chairman is an official who has the exclusive trust of the President of the Republic and the extrajudicial representation of the Bank, especially before public authorities and banking and finance entities, both national and international. The Chairman also deals with the following:
The Vice Chairman is an official who has the exclusive trust of the President of Republic. In particular the Vice Chairman's has to:
The Chief Executive Officer has the exclusive trust of the President of the Republic and is responsible for the immediate management of the Bank based on the powers conferred and instructions issued by the Committee.
Similarly to the Chairman, the CEO has the extrajudicial representation of the Bank. Furthermore, the CEO has the judicial representation with the powers stated in paragraph one, article 7 under the Civil Proceedings Code, and is served notices of civil actions against the Bank, to validly represent the Bank.
As part of the duties for the immediate management of the Bank, the CEO has to: