Social And Ethics Committee

The purpose of the Social and Ethics Committee is to monitor the Bank’s activities with regard to organisational ethics, sustainability and stakeholder management, with consideration for relevant legislation, particularly the Companies Amendment Act and industry best practices.

A summary of some of the key terms of reference of the Social and Ethics Committee includes, among others:

• Monitoring the application of ethical conduct throughout the Bank in a way that supports the establishment of an ethical culture.
• Monitoring the Bank’s commitment to and contributions made in terms of its corporate social responsibility programme.
• Monitoring the impact of the Bank’s activities in relation to the well being of the environment, health and public safety, ensuring that the Bank is, and is seen to be, a good corporate citizen by conducting itself in an environmentally friendly and sustainable manner.
• Overseeing the Bank’s commitment towards its Broad Based Black Economic Empowerment objectives.
• Approval of the Bank’s stakeholder engagement policy and monitoring the Bank’s approach towards effective stakeholder management.
• Ensuring that the Bank conducts its operations in an environmentally friendly manner with reference to its consumption of resources such as water, electricity and paper.

This Committee comprises of the following members:

• Mrs. S.M. Nyasulu ( Chairperson)
• Dr. M.M. Khemira
• Mr. S.A.E Chohan