The Corporate Governance structure of Hibret Bank S.C. was designed and continued to be implemented to ensure the effective supervision of the Bank’s management by the Board with regard to running the Bank’s business to enhance long-term shareholder value. There are four standing sub-committees of the Board: the Finance and Risk Review Committee, the Audit Committee, the Business Development Committee and the Loan Review Committee that deal with the various business affairs of the Bank.
The Chief Executive Officer (CEO) of the Bank oversees the day to day management of the Bank. There were two Deputy CEOs, directly accountable to the CEO; ten Chief Officers reporting to their respective Executive Management Organs and thirty Department Directors. There were also eight District Directors to ensure a more effective management of the Bank’s ever increasing branch network and operational requirements.