Corporate Governance

Bank is committed to uphold the highest standard of corporate governance

"ALUBAF Arab international Bank has an effective, disciplined and transparent management framework developed on strict adherence to corporate governance principles and statutes of its regulator Central Bank of Bahrain. The Board of Directors is responsible for strategic plans, policies and supervision of business performance/operations, overseeing the functions of executive management and ensures to conduct meetings atleast four times annually. At the next level, is the executive management team, which is committed in the daily execution of business in compliance with approved policies, plans and regulatory requirements. The bank's external auditors Ernst & Young, conduct final audit, stautory and quarterly reviews on financials, prudential information reporting and public disclosure to ensure compliance with regulatory requirements, while, the annual statutory review on AML is conducted by an external consultant, approved by the Central Bank of Bahrain.

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