Corporate governance
The Bank has declared adherance to the National Code for Corporate Governance, which reflects the internationally recognized standards for good corporate governance. BACB's by-laws are one of the cornerstones of the program.
The Annual General Meeting of the Shareholders for 2008, held on April 29, 2009, established the Bank's Audit Committee.
The Audit Committee includes the following members:
Mr. Martin Ganev
Member of the Audit Committee and Member of the Supervisory Board appointed on the grounds of resolustions of the extraordinary General Meeting of the Shareholders of BACB held on July 5, 2011.
Mr. Evgeni Ivanov
Member of the Audit Committee and independent member of the Supervisory Board, who meets the requirements set forth in Art. 116a, (2) of the Public Offering of Securities Act;
Mr. Kiril Manov
Member of the Audit Committee and independent member of the Supervisory Board, who meets the requirements set forth in Art. 116a, (2) of the Public Offering of Securities Act;
Mrs. Rayka Ontzova
Independent member of the Audit Committee who meets the requirements set forth in Art. 40e.(5) of the Independent Financial Audit Act.
Downloads
- Scoredcard for Evaluation of Corporate Governance.pdf (~30.69 KB)
- By-laws (last amended by the EGM held on July 5, 2011).pdf (~2.14 MB)
- National Code for Corporate Governance.pdf (~224.66 KB)
