Log on to...
Home > Investor Relations > Corporate Governance > Board of Supervisors > Board of Supervisors Committees

Board of Supervisory Committees

Performance Supervisory Committee

The performance supervisory committee consists of four supervisors, including the chairman, XU Xianglin, and the supervisors Ms.Deng Lijuan, Mr. Huang Tao, and Mr. Wang Xixin .The performance supervisory Committee under the Board of Supervisors shall perform the following duties:

(1) to formulate and carry out the implementation plans for supervising the duty of due diligence performance of the Board of Directors, senior management and their members upon approval of the Board of Supervisors;

(2) to submit a review report on the duty of due diligence performance of the Board of Directors, senior management and their members and to provide advices in respect thereof to the Board of Supervisors;

(3) to formulate the audit report of any resigning director and senior management member, if so required, and make suggestions to the Board of Supervisors;

(4) to provide recommendations on the candidates of supervisors representing shareholders, external supervisors, independent directors and members of each specialized committee to the Board of Supervisors;

(5) to formulate the assessment policy and assess the performance of supervisors, and provide recommendations in respect thereof to the Board of Supervisors;

(6) to make proposals on the compensation and allowance distribution plan for supervisors and submit the plan to the Board of Supervisors for approval;

(7) to review and handle the relevant matters or documents or information reported or provided by the Board of Directors, senior management or any of their members;

(8) to perform other duties as required by the laws, administrative regulations and departmental rules, or as authorised by the Board of Supervisors.

Financial and Internal Control Supervisory Committee

The financial and internal control supervisory committee consists of four supervisors, including the chairman, Ms. Liu Hongxia, and the supervisors Ms.Deng Lijuan, Mr. Wang Xuejun and Mr. Xu Xianglin. The Finance and Internal Control Supervision Committee shall perform the following duties:

(1) to formulate and carry out the working and implementation plans of the Finance and Internal Control Supervision Committee upon approval of the Board of Supervisors;

(2) to supervise the implementation of the development strategy plan, policy and basic management system of the County Area Banking Business of the Bank and evaluate the effectiveness and provide recommendation in respect thereof to the Board of Supervisors;

(3) to oversee and review the financial and accounting reports, operation reports and profit distribution proposals formulated by the Board of Directors and provide recommendations in respect thereof to the Board of Supervisors;

(4) to formulate and implement the plans of the Board of Supervisors to monitor the financial activities, business decisions, risk management and internal control of the Bank upon the approval of the Board of Supervisors, and recommend to the Board of Supervisors for engagement of an external auditing firm to perform audit on the Bank when necessary;

(5) to monitor the performance of internal audit department;

(6) to review and handle the relevant matters or documents or information reported or provided by the Board of Directors, senior management or any of their members;

(7) to supervise the compliance of the appointment, dismissal and reappointment of external auditing firms and the fairness of the terms of engagement and remunerations, as well as the independence and effectiveness of external audit, and make suggestions to the Board of Supervisors;

(8) to perform other duties as required by the laws, administrative regulations and departmental rules, or as authorised by the Board of Supervisors.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599

Outlet

Contact Us| Statement Copyright©AGRICULTURAL BANK OF CHINA (ABC) All Rights Reserved