Corporate Governance

Corporate Governance Structure

East-West United Bank operates in a transparent manner and is proud of its clear organizational structure.

The governance structure is established to ensure sound and prudent business management, including management of the risks inherent in the business of the Bank, as well as the adequate segregation of duties and delegation of decision-making.

The Bank's main governance bodies are:

The Board of Directors constitutes the highest authority of the Bank’s management and determines the overall strategy and general policy of the Bank. The Board of Directors is also responsible for oversight of management and risk monitoring.

The Authorized Management is entrusted with the day-to-day running of the Bank and acts within the framework and guidelines established by the Board of Directors. The Authorized Management ensures that the strategic and regulatory driven goals set by the Board of Directors are implemented.

The Management Committee acts as an enlarged management body with the goal of determining the effective business direction of the Bank within the overall strategy defined by the Board of Directors. The Authorized Management is part of the Management Committee.

Internal Governance Model

Internal governance structure is established to ensure sound and prudent business management, including management of the risks inherent in the business of the Bank, as well as the adequate segregation of duties and delegation of decision-making.

In order to ensure effective management of the risks inherent in its activities, and in line with the best market practices, the Bank has established internal governance structure consistent with the three lines of defence model presented below:

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Code of conduct