Investor Presentaiton
EMIRATES NBD
THE BOARD
AND ITS COMMITTEES
ANNUAL REPORT 2021
The Board
The Board of Directors for Emirates NBD Bank P.J.S.C. meets six times a year and is comprised of nine prominent
members of the local business community, all of whom are leaders in their respective industries. Hamad Khalaf Al
Hosani, in his capacity as the Group Company Secretary, supports the Board by ensuring that regulatory obligations
and corporate governance requirements are fully met. He manages operations of the company's formal decision-
making, ensuring that all appropriate procedures are followed.
As provided in Emirates NBD P.J.S.C.'s Articles of Association, the Board of Directors is responsible for the overall
direction, supervision and control of Emirates NBD Bank P.J.S.C. The Board's mandate covers the formal agenda for
the overall strategy and oversight of the corporate structure, financial reporting, internal controls, risk management
policies, as well as approval of the Annual Report and corporate dividends. The members of the Board comprise a
suitable balance of non-executive and independent Directors. Emirates NBD Bank P.J.S.C. defines 'independent' as an
individual with no perceived or real conflict of interest with any shareholder group or business partner.
Emirates NBD's Board of Directors includes:
H.H. Sheikh Ahmed Bin Saeed Al Maktoum
Hesham Abdulla Al Qassim
Hussain Hassan Mirza Al Sayegh
Buti Obaid Buti Al Mulla
Shoaib Mir Hashem Khoory
Mohamed Hamad Obaid Al Shehi
H.E. Mohamed Hadi Ahmed Al Hussaini
Ali Humaid Ali Al Owais
Salem Mohammed Obaidalla
Governance
Chairman
Vice Chairman
Director
Director
Director
Director
Director
Director
Director
The Board strongly promotes good corporate governance and integrity in order to achieve superior performance,
while maintaining conformity with laws and regulations. The Board uses innovative tools in its governance and
compliance systems to be in line with best corporate practices.
Board Committees
There are five Board Committees that assemble regularly to govern Emirates NBD Bank's activities on behalf of its
stakeholders:
Board Executive Committee
Hesham Abdulla Al Qassim
Shoaib Mir Hashem Khoory
Mohamed Hamad Obaid Al Shehi
H.E. Mohamed Hadi Ahmed Al Hussaini
Ali Humaid Ali Al Owais
Chairman
Member
Member
Member
Member
The Board Executive Committee acts on behalf of the Board on urgent matters arising between regular Board meetings
when it is not possible to convene a Board meeting. The Committee exercises the powers of the Board in the
supervision and oversight of Emirates NBD Group affairs.
Board Audit Committee
Hussain Hassan Mirza Al Sayegh
Shoaib Mir Hashem Khoory
Mohamed Hamad Obaid Al Shehi
H.E. Mohamed Hadi Ahmed Al Hussaini
Salem Mohammed Obaidalla
Chairman
Member
Member
Member (resigned on 27.9.2021)
Member
The Board Audit Committee assembles quarterly and is responsible for ensuring quality control in Emirates NBD
Group's financial reporting and compliance processes. The Board Audit Committee oversees and monitors all the
internal controls and systems in place for financial reporting, and ensures legal and regulatory compliance on financial
matters. The Committee is responsible for framing policies on internal audit, overseeing financial reporting process,
providing oversight and interacting with the Group's external and internal auditors.
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