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

Canadia Bank Plc.CompositionAt the end of 2009, the ALCO comprised nine (9) members from the board and management led byPresident/CEO:1. Mr Pung Kheav Se, Chairman of the ALCO2. Mr Charles Vann, Vice-Chair3. Mrs Pung Carolyne, Member4. Mr Moon, Byung Soo, Member4- Mr Dieter Billmeier, Member5- Mrs Chan Muy, Member6- Ms Taing Sokun, Member7- Mr Ou Sophanarith, Member8- Mr Bou Ros, Member9- Mr Sok Chantha, MemberAuthority and Main ResponsibilityAnnual Report 200916The primary responsibility of the Committee shall be to manage the financial risk (interest rate, credit, andliquidity risk) associated with the interest-earning assets and interest-bearing liabilities contained on theBank's balance sheet and related off-balance sheet accounts. The Committee's process for managingfinancial risk shall be based upon the following:• Identification of the Bank's risk profile; i.e., its tolerance for risk• Establishment of appropriate risk parameters• Monitoring risks on an ongoing basisThe Committee, in carrying out its responsibilities believes its policies and procedures should remainflexible, in order to best react to changing conditions and circumstances. The Committee may form anddelegate authority to subcommittees consisting of one or more members when appropriate. On aquarterly basis, the Committee shall:• Review the Bank's adherence to established ALM risk parameters and exceptions to policies,if any;• Review the Bank's performance against its Strategic Business Plan and determine ifadjustments in the mix, volume, credit rating, pricing, and/or maturity of interest-earningassets and interest-bearing liabilities are needed to enable the Bank to achieve its Planobjectives; and• Review an updated financial forecast of the Bank prepared using updated economic andinterest rate scenarios, unless major forecast assumptions have not substantially from priorforecastsMeetingsThe ALCO schedules meetings at least twice every month.