Corporate Governance

ICT Steering Committee

The ICT Steering Committee acts on behalf of the Board in planning, managing and controlling the Banks IT systems, processes and infrastructure. It is authorized to design, develop/or acquire after seeking approval by the Board the implementation of appropriate corporate IT systems, controls and infrastructure that will support and deliver the objectives of the National Development Bank. It monitors progress and status of prioritized or non-prioritized IT projects, evaluates and makes recommendations regarding IT policies and strategies that meet the long-term needs of the Bank.

The ICT Steering Committee meets at least once a month or as necessary depending on the issues at hand and the urgency of IT related matters. The Committee is comprised of the Managing Director and senior managers from Accounting and Finance, Lending Division and the Internal Audit and ICT.