CORPORATE GOVERNANCE

The Strategy Committee is a unit directly under the Board of Directors, advising the Board of Directors in formulating, supervising the implementation of strategies and development orientations of SHB,...

The Strategy Committee was established in 2022, currently has 05 members, in which Chairman of the BOD - Mr. Do Quang Hien is the Chairman of the Committee and CEO - Ms. Ngo Thu Ha is the Vice Chairman of the Committee. In 2022, the Strategy Committee held 04 meetings and performed the following tasks:

• Advising the Board of Directors on the formulation, monitoring and implementation of SHB’s development strategy and orientation, transformation initiatives to create a foundation, environment and motivation for the Board of Management and Business Divisions to effectively and flexibly implement throughout the system in order to continuously bring added values and achieve annual business goals and long-term strategic goals of the Bank.
• Acting as a contact point to work with domestic and foreign strategic consulting companies, advising/suggesting the Board of Directors in deciding and selecting a consulting firm that meet requirements of the SHB and in line with the Bank’s strategic goals in each period. The Strategy Committee is the focal point to evaluate and report on results of strategy implementation; recommend changes to the strategy, promote the implementation of the strategy to ensure the achievement of the objectives assigned by the Board of Directors.
• Researching and proposing to the Board of Directors solutions in institutional reform, mechanisms and policies to improve operational efficiency in the governance and management of the Bank.

Human Resources Committee is a subordinate unit of the Board of Directors, with the function of advising and assisting the Board of Directors in performing the tasks and powers of the Board of Directors in terms of personnel organization.

In 2022, the HR Committee has a fundamental change in personnel according to the orientation and assignment of tasks of the Board of Directors for the new term 2022-2027. Currently, the Committee has 5 members. Chairman of the BOD Mr. Do Quang Hien as Chairman of the Committee and CEO Ms. Ngo Thu Ha as Vice Chairman of the Committee. HR Committee has the function of advising and assisting the Board of Directors in performing the tasks and powers of the Board of Directors on human resource organization. In 2022, the Committee held four quarterly meetings. During the year, the HR Committee has completed the following tasks:

• Advising, assisting and supervising the BOD in developing and implementing HR policies, salary, bonus, remuneration, organizational structure, reward and discipline...
• Proposing, considering and appraising candidates for nomination and candidacy for positions of members of the BOD, the Supervisory Board and the Board of Management;
• Advising and assisting the BOD to approve and issue decisions according to regulations or requirements of the Board of Directors.
• Advising the Board of Directors on the consideration, appraisal and arrangement of personnel for positions under the authority of the BOD, managing the requirements of the BOD on the organization, personnel arrangement and performing other tasks assigned by the BOD/Chairman of the BOD related to the activities of the BOD, the Supervisory Board and units under the Board of Directors, the Supervisory Board.

The Risk Management Committee is a subordinate unit of the Board of Directors, with the function of advising the BOD in developing and supervising the implementation of risk management strategies and policies.

In 2022, the Risk Management Committee has a fundamental change in personnel according to the orientation and assignment of tasks by the Board of Directors for the new term 2022-2027. Currently, the Risk Management Committee consists of 5 members, in which Mr. Vo Duc Tien - Vice Chairman of the Board of Directors is the Chairman of the Committee and Mr. Do Van Sinh Independent Board Member is a Committee Member. In 2022, the Risk Management Committee held 04 regular meetings to give advice to the BOD in developing and supervising the implementation of risk management strategies and policies. During the year, the Risk Management Committee has successfully completed the following tasks:

• Advising and recommending the BOD and BOM to review, adjust, update and issue nearly 60 new professional regulations, review organizational structure of committees/councils, thereby improving the efficiency of risk control checkpoints to limit risks, and help achieving safe and sound business development.
• Advising on the implementation of risk management projects such as: centralized CIC; monthly calculation of capital adequacy ratio (CAR); internal assessment of ICAAP; upgrading the components of the internal credit rating system.
• Advising and supervising the periodic review of policies and regulations on risk management, including: directly giving comments, developing and adjusting other professional regulations to ensure consistency and suitability with risk management strategy; developing and implementing business continuity plan (BCP) for all business units and Head Office; developing regulations to implement self identification, assessment and risk control (RCSA).
• Evaluating the results, operational efficiency and advising and proposing recommendations to improve the organizational structure and capacity building activities of the Risk Management Division, the Internal Control and Compliance Monitoring Department.

The Internal Security Department has the function of advising and assisting the Chairman of the Board of Directors in ensuring security and safety activities throughout the system of SHB and its member units.

In 2022, the Internal Security Department organized the implementation of the work contents according to the functions and tasks assigned by the Board of Directors, specifically:

• Developed and implemented measures to ensure security, internal safety and information security at SHB; coordinated with relevant departments to check and supervise the compliance with policies and laws, developed regulations, procedures, etc. to limit risks and losses for SHB.
• Contributed ideas to develop documents, processes and regulations by units across the Bank in a timely and effective manner.
• Coordinated with functional units of SHB to verify, effectively investigate and suggest to the Board of Directors solutions and measures to recover assets for SHB and prevent violations, contributing to limiting risks, losses to the Bank.