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

Canadia Bank Plc.THE BOARD OF DIRECTORSThe members of the Board of Directors holding office during the year and as at the date of this report are:NameMrs Lim SophanyMr Pung Kheav SeMr Pung WayMr Charles VannMrs Pung CarolyneMr Chen Lee Yiaw HuiMr Gerald YeoMr Jimmy Leow Min FongPositionChairwomanDirector/President/Chief Executive OfficerDirectorDirector/Executive Vice PresidentDirector/Assistant to President & Chief Executive OfficerDirector/Vice PresidentNon-executive DirectorNon-executive Director/Chairman of Audit CommitteeDIRECTORS' INTERESTSThe Bank's directors who hold shares in CIHP, the ultimate parent company of the Bank are: Mr Pung KheavSe, Mr Pung Way and Mrs Lim Sophany.Annual Report 200920AUDITORSThe auditors, Ernst & Young Indochina Ltd., expressed their willingness to accept re-appointment asauditors.DIRECTORS' BENEFITSDuring and at the end of the financial year, no arrangements existed to which the Bank was a party withthe object of enabling directors of the Bank to acquire benefits by means of the acquisition of shares in ordebentures of the Bank or any other body corporate.No directors of the Bank have received or become entitled to receive any benefit by reason of a contractmade by the Bank with the directors or with a firm of which the director is a member, or with a companyin which the director has a substantial financial interest other than those disclosed in the financialstatements.STATEMENT OF THE BOARD OF DIRECTORS' RESPONSIBILITIES INRESPECT OF THE FINANCIAL STATEMENTSThe Board of Directors is responsible for ensuring that the financial statements are properly drawn up soas to give a true and fair view of the financial position of the Bank as at 31 December 2009, and of itsfinancial performance and its cash flows for the year then ended. The Board of Directors is responsible forensuring that proper accounting records are kept which disclose, with reasonable accuracy at any time, thefinancial position of the Bank and to ensure that the accounting records comply with the registeredaccounting system. It is also responsible for safeguarding the assets of the Bank and hence for takingreasonable steps for the prevention and detection of fraud and other irregularities. In preparing thesefinancial statements, the Board of Directors is required to: