09-041334 Relatorio INGLES Vol 2 - BCP KOMORI 4 - Millennium bcp

Annual Report Volume II Report of the Supervisory Board 25
responsibility, on the participation and pro-activity of the members of the SB and on the working
methods followed both at the level of SB Meetings and at the level of the several Specialised
Committees.
The assessment concluded that the overall balance of the SB activity is positive and allows the
mission of supervision of Banco Comercial Português to be conducted with thoroughness and
professionalism.
The process of self-assessment of the SB has also allowed to identify some improvements to be
made and to highlight a number of positive aspects:
• The high level of attendance, availability and participation of SB members in plenary meetings
as well as in the meetings of the Specialised Committees;
• There is consistency and coherence between the procedures used in the process of analysis,
resolution and monitoring of the implementation of decisions taken by the SB;
• The work and effort invested in the relationship with the EB, materialised in the participation
of the EB and its Chairman in multiple meetings of the SB and of its Committees, creating a
very positive climate of institutional cooperation.
In conclusion, the process of self-assessment of the SB, made in line with best international
practices in terms of its methodology and scope, allowed the SB not only to make an assessment,
which showed a positive evaluation of the work developed but also confirmed that the SB has
all the adequate conditions to fulfil its mission of supervising of the Bank, and also to identify the
issues to address in the near future to further enhance the effectiveness of the works of the SB.
Recognitions
For the cooperation provided and the adequate manner in which the SB received the information
needed for the performance of its duties, the SB is grateful to the EB and to the EB members
involved and to the Specialised Committees of the SB and its members.
The SB wishes to thank all the Employees of the Bank for their attitude and commitment.