At Executive Level

Executive Committee

The Executive Committee (ExCo) is composed of the Senior Executives of the Bank, and is chaired by the CEO.

The ExCo meets once a month to review UK and International development and strategy, capital adequacy, financial results and non- financial performance indicators.

It is responsible also for the periodic review of:

• ­ Matters raised by the Board requiring follow-up
• ­ Business development and strategy;
• ­ Financial results;
• ­Reports from the Business Unit heads – including Non-financial performance indicators;
• Capital, Liquidity, etc., adequacy;
• Banking positions compared to limits;
• Conduct Risk - Conflicts and problematic cases;
• Any Regulatory & Legislative Matters impacting the Bank [e.g. visits, CRS, political, tax, etc.].
• Any other business issues.
• Adequacy of internal controls and in particular, whether the appropriate remedial measures have been taken in the event of any deficiencies identified.

Members:

• The Chief Executive Officer (Chair)
• The Head of TCM
• The Head of LSS
• The Head of CTF
• The Head of Risk Management (Managing Director)
• The Chief Financial Officer
• The Head of Internal Audit
• The Head of Legal
• The Head of Compliance & MLRO
• The Head of Human Capital and Communication
• The Head of IT
• The Head of Operations
• Paris Branch Manager
• Paris Department Heads

Credit Committee

The Credit Committee consist of no fewer than three members and meets on an ad-hoc basis.

The Credit Committee meets generally on a weekly basis, depending on workflow.

Its responsibilities are as follows:

• ­To approve, conditionally approve or decline credit limit request and reviews up the Committee’s delegated authority
• To review counterparty / customer internal credit risk ratings
• To manage the credit risk exposure of the bank per country, industry sectors, etc.
• To review and manage any other relevant credit issue

Permanent Invitees:

• Internal Audit

Invitees:

• The Head of Compliance and MLRO
• The Chief Financial Officer
• The Head of Internal Audit
• The Head of Legal
• Any Department Heads as required (all relevant locations)

Asset and Liability Committee ('ALCO')

The role of ALCO is to assist the executives in fulfilling their responsibilities relating to the oversight of BBI's market and liquidity risk management policies, strategies and processes that have the potential to impact significantly on the bank's earnings performance and capital.

The ALCO meets monthly, or as frequently as is required to carry out properly its functions.

ALCO's responsibilities include:

• Review of the bank's exposure to market risk and its hedging strategy
• Review and management of the bank's liquidity
• Review of risk management processes
• Review other categories of risk linked to market risk (country risk, counterparty risk)
• Regularly review regulatory developments and their impact on the prices of marketable assets
• Approve the list of instruments to be traded
• Approve the methodology for the valuation of market assets and the measurement of market risk.
• Review and propose market risk limits.

Members:

• The Chief Executive Officer (Chair)
• The Head of Risk Management (Managing Director)
• The Chief Financial Officer
• The Head of TCM

Permanent Invitees:

• The Head of LSS
• The Head of Internal Audit

Invitees:

• The Head of CTF
• Paris Business Heads
• Any Department Heads as required (all relevant locations)