Corporate governance in the Bank is a system of principles, norms and rules regulating relations between its shareholders, Supervisory Board members, executive bodies and other stakeholders.
The Bank's corporate governance system is one of important elements of its policy and as such is integrated in its business management system. The Bank is strongly committed to the best international and Russian corporate governance standards.
Recognising the importance of corporate governance in ensuring successful long-term performance, the Bank continually improves its governance system in line with the Russian Corporate Governance Code recommended by the Bank of Russia and international corporate governance standards setting out essential guidance for both directors and officers of the Bank.