Specialized committees
Five specialized committees prepare the decisions taken by the Supervisory Board and make recommendations to the board. Four of these committees are chaired by independent members; the Cooperative and CSR Committee is chaired by a Banque Populaire or Caisse d’Epargne representative.
Appointments Committee
The Appointments Committee submits proposals to the Supervisory Board concerning the selection of members of the Supervisory Board, the censeurs, members from outside the Group, in addition to the Chairman of the Management Board.
The Committee also conducts regularly reviews and appraisals of the good repute and skills of the candidates for appointment to the Supervisory Board, the censeurs and the Chairman and other members of the Management Board.
It is chaired by an Independent member.
Remuneration Committee
The Remuneration Committee is responsible for submitting proposals to the Board concerning the levels and conditions of pay granted of the members of the Management Board, the Chairman of the Supervisory Board and, if applicable, the Vice-Chairman, as well as the distribution of attendance fees payable to members of the Supervisory Board.
It is chaired by an Independent member.
Audit Committee
The Audit Committee is responsible for monitoring the process used for preparing financial information, the statutory audit of the annual and consolidated financial statements by the Statutory Auditors and their independence.
It is chaired by an Independent member.
Risk Committee
The Risk Committee is tasked with assessing the effectiveness of the internal control and risk management systems.
It is chaired by an Independent member.
Cooperative and CSR Committee
The Cooperative and CSR Committee is in charge of making proposals and recommendations aimed at promoting the cooperative and social values of long-term engagement as well as professional and interpersonal ethics. It also ensures that Group and network activities represent these values, thereby strengthening the cooperative banking model of the Group and each of the networks.
It is chaired by André Joffre, Chairman of the FNBP