COMMITTEES & TASK FORCES

ABS has several Standing Committees and Task Forces to oversee and advise on a wide range of commercial banking and investment banking issues. Each Standing Committee is headed by a Council Bank representative who is Head of a Business Unit or has a Service Function, while the Task Forces are led by Product Specialists or Heads of Service Units. These Standing Committees aim to drive and provide strategic direction for the different areas of banking within their ambit of responsibility.

ABS currently have Standing Committees on -

  1. Banking Operations and Transactional
  2. Business Resilience and Continuity
  3. Computerisation and Automation
  4. Consumer Banking
  5. Corporate Banking
  6. Corporate Finance
  7. Covered Bonds
  8. Cyber Security
  9. Debt Capital Market
  10. Finance and Accounting
  11. Financial Markets
  12. Human Resources
  13. Legal
  14. Private Banking
  15. Public Relations
  16. Risk Management
  17. Self-Governance and Compliance
  18. Structured and Listed Products
  19. Tax
  20. Trade Services and Guarantees Processing

The role of the Task Force is to focus on specialist areas as directed by the Standing Committees.

ABS currently have Task Forces on -

  1. Anti-Fraud
  2. Consumer Credit Bureau
  3. Financial Crime
  4. Internet Banking Security
  5. Outsourcing Controls & Risk
  6. SME's
  7. SPRING Excellent Service Award
  8. SWIFT
  9. Risk Management: Credit Risk
  10. Risk Management: Liquidity Risk
  11. Risk Management: Market Risk
  12. Risk Management: Operational Risk