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Annual report 2009-OK.qxp - Canadia Bank Plc.

Annual report 2009-OK.qxp - Canadia Bank Plc.

Annual report 2009-OK.qxp - Canadia Bank Plc.

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<strong>Canadia</strong> <strong>Bank</strong> <strong>Plc</strong>.EMPLOYEEApart from being an equal opportunity employer and commitment in developing the quality ofemployees, <strong>Canadia</strong> <strong>Bank</strong> continues to provide training for employees to improve their skills. In <strong>2009</strong>, the<strong>Bank</strong> has given financial support to:• 50 staff who are undertaking the CAT and ACCA training programme;• 60 staff and 24 staff who are studying for their master and bachelor's degreelevel respectively;• 115 staff for their training in General English and Chinese language skills andtechnical improvements related to <strong>Bank</strong>ing & Finance.The <strong>Bank</strong> has set up a training center which organizes training courses, both tailor-made to meet specificneeds of various departments and also courses with general and soft skill for staff from all departmentsacross the <strong>Bank</strong>. The quality of training has further improved in order to meet the requirements andchallenges of best business practices as well as development, modernization and integration steps in linewith the overall <strong>Bank</strong>'s business plan and strategies.CORPORATE GOVERNANCE<strong>Annual</strong> Report <strong>2009</strong>12<strong>Canadia</strong> <strong>Bank</strong> is fully committed to conduct its business in a prudent manner and maintain high standardof good corporate governance by setting up sufficient and appropriate internal control and riskmanagement system in line with the principles of good corporate governance with the ultimate goal toachieve ongoing positive performance results and to sustain its good reputation.INFORMATION DISCLOSURE AND TRANSPARENCY<strong>Canadia</strong> <strong>Bank</strong> has always recognized the importance of disclosing information necessary for stakeholdersand regulators. The Board of Directors is responsible for the preparation of the financial statement of the<strong>Bank</strong> and it has assigned the Audit Committee to review the <strong>Bank</strong>'s financial statements to ensure thatthey are accurate, reliable and in compliance with the National <strong>Bank</strong> of Cambodia's guidelines and theCambodian Accounting Standards. The annual <strong>report</strong> includes the audited financial statements and otherrelevant information and this annual <strong>report</strong> is published and disseminated to all concerned stakeholders.In addition, the <strong>Bank</strong> published the information on its website at www.canadiabank.com.kh and annualfinancial results posted in some key local newspapers.CODE OF CONDUCTAll staff and management are required to perform their work diligently and honestly, placing first theinterests of the <strong>Bank</strong>. In addition, all staff is deemed to understand, accept and follow their duty to strictlyabide by the <strong>Bank</strong>'s Code of Conduct which is stipulated as follows:• Not to solicit or to receive on an unsolicited basis gifts, commissions, kickbacks orvaluables of any kind from customers;• Not to use their position to conduct private business;• Not to conduct in any illegal or immoral activities acting in the capacity of the <strong>Bank</strong>'sstaff; and• Not to engage in any acts, behaviors or arrangements causing damages to the <strong>Bank</strong>'sreputation and/or financial interest.

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