The Audit Committee is established with the purpose to assist the Supervisory Board and the Board of Directors in overseeing effectiveness and adequacy of the Bank's internal control and risk management systems, in the selection process of independent audit firms and in communication with them, and in monitoring whether the Bank’s activities are in compliance with the applicable legislative acts.

The Committee is accountable to the Supervisory Board.

The Audit Committee executes its activities within the framework of the Audit Committee Statute.

 

Committee Members

 

  • George Glonti - Chairman of Audit Committee
  • Shahin Mammadov - Member of Audit Committee
  • Ebru Ogan Knottnerus - Member of Audit Committee

 

Audit Committee Statute

The Strategy and Budget Committee is established with the purpose to advise and assist the Supervisory Board in discharging its duties and responsibilities. The Committee provides assurance to the Supervisory Board with respect to preparation of the Bank’s Business Plan in accordance with the strategy formulation process and on preparation of the Annual Budget in accordance with the budgeting process.

The Committee is accountable to the Supervisory Board.

The Committee executes its activities within the framework of the Strategy and Budget Committee Statute. 

 

Committee Members:

 

  • Jalal Gasımov - Chairman of Strategy and Budget Committee
  • Elman Eminov - Member of Strategy and Budget Committee
  • Ulviyya Abbasova - Member of Strategy and Budget Committee
  • Vugar Akhundov - Member of Strategy and Budget Committee
  • Nijat Rasulov - Member of Strategy and Budget Committee

 

Strategy and Budget Committee Statute

The HR and Remuneration Committee is established with the purpose to provide to the Supervisory Board preliminary examinations and recommendations with respect to priority tasks of the human resources management and remuneration policies.

The Committee is accountable to the Supervisory Board.

The HR and Remuneration Committee executes its activities within the framework of the HR and Remuneration Committee Statute.

 

Committee Members:

 

  • Farid Mammadov - Chairman of PASHA Bank HR and Remuneration Committee
  • Ayten Abbasli - Member of HR and Remuneration Committee 
  • Jalal Gasımov - Member of PASHA Bank HR and Remuneration Committee

 

HR and Remuneration Committee Statute

The Risk Management Committee is established with the purpose to advise and assist the Supervisory Board in discharging its duties and responsibilities, to ensure the effectiveness of the processes and capabilities for identification, assessment, measurement, control, reporting and monitoring over risk.

The Committee is accountable to the Supervisory Board.

The Risk Management Committee executes its activities within the framework of the Risk Management Committee Statute.

 

Committee Members:

 

  • Jalal Gasimov - Chairman of Risk Management Committee
  • Farid Mammadov - Member of Risk Management Committee
  • Ruslan Mammadov - Member of Risk Management Committee
  • Elman Eminov - Member of Risk Management Committee
  • Kamala Nuriyeva - Member of Risk Management Committee

 

Risk Management Committee Statute