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Ensuring Sound Financial Management and Transparent Governance

At AAIB, we are committed to an effective and transparent corporate governance framework and to provide our investors with complete and up-to-date information.

The principal goal of our shareholder policy is to protect shareholder rights and interests by maximizing the return earned over time through effective management of the bank's assets and continued growth of the banks operations and profitability. AAIB works to minimize risks and maximize the value of the bank by becoming an organization capable of generating income in any economic climate.

To continue our growth and success and to achieve shareholders satisfaction, a clear and efficient corporate governance framework has been established. This framework consists of four committees: The Executive Committee, Audit Committee, Corporate Governance Committee and Remuneration Committee.

The Executive Committee studies and classifies finance and credit facilities and contributions to corporate equities,
according to lending regulations set by the CBE; take decisions related to cases, and report them to BOD.
Also, the committee expresses its opinion on modifying the organizational and job structure of the bank and the regulations and systems governing its system of work
The Audit Committee is considered the highest level of internal control, performing a supervisory and control function, through overseeing the internal control framework applied by the Bank. Guided by AAIBs Code of Conduct, the committee insures that standards are being met through quality inspections, remain transparent by producing quarterly reports, and assuring the clients are protected against illegal activities such anti money laundering activities. The GC Committee has been established to assist the Board in fulfilling its oversight responsibilities regarding the effectiveness of the Banks corporate governance system. The Committees strategic objective is to maximize corporate value for the banks shareholders, depositors, employees, and other stakeholders while maintaining corporate guidelines. The Remuneration Committee determining the compensation package for the CEO and designated senior executives in alignment with shareholder value, and to ensure that executives and employees overall are incentivized to enhance their contribution to the Banks success.


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