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Board Audit Committee
The membership of the Committee and attendance at meetings in 2017 are as set out below.

Name Jan Jan Apr Jul Jul Oct
12th 25th 13th 13th 25th 11th
Ernest Ndukwe ✓ ✓ ✓ ✓ ✓ ✓
Ajoritsedere Awosika ✓ ✓ ✓ ✓ ✓ ✓
Abba Mamman Tor Habib ✓ ✓ ✓ ✓ ✓ ✓
Paul Usoro ✓ ✓ ✓ ✓ ✓ ✓
Adeniyi Adekoya Not yet a member ✓ ✓ ✓

The Committee supports the Board in performing its over- es the Board on employee benefit plans such as pensions,
sight responsibility relating to the integrity of the Bank’s Fi- share ownership, other retirement plans and material
nancial Statements and the financial reporting process, as amendments thereto.
well as the independence and performance of the Bank’s
Internal and External Auditors. It oversees the Bank’s sys- The key issues considered by the Committee during the
tem of internal control and the mechanism for receiving period included consideration of Remuneration Survey Re-
complaints regarding the Bank’s accounting and operating ports for the Group Office and the subsidiary entities. The
procedures. The Bank’s Chief Audit Executive and Chief Committee met two times in 2017.
Compliance Officer have access to the Committee and The Committee is chaired by Mr. Paul Usoro.
make quarterly presentations to the Committee.
The key issues considered by the Committee during the
period included the review and recommendation of the Board Digital & Information Technology Committee
2016 Full Year Audited Financial Statements and 2017 In-
terim Audited Financial Statements and reports of the The Committee was set up by the Board on October 25,
Group Internal Auditor and Internal Audit Consultants. The 2017 and held its Inaugural Meeting on January 18, 2018.
Committee approved the Group Internal Audit Work Plan The composition of the Committee is as set out below.
for 2017and also reviewed the whistleblowing reports.

The Committee met six times during the reporting period. Name Role
Ernest Ndukwe Chairman
Adeniyi Adekoya Vice Chairman
Board Remuneration Committee Anthonia Ogunmefun Member

The membership of the Committee and attendance at Abba Mamman Tor Habib Member
meetings in 2017 are as set out below. Ajoritsedere Awosika Member
Iboroma Akpana Member
Name Apr Apr
12th 25th Herbert Wigwe Member
Emmanuel Chiejina ✓ ✓ Roosevelt Ogbonna Member
Paul Usoro ✓ ✓ Gregory Jobome Member
Anthonia Ogunmefun ✓ ✓ Adeolu Bajomo Member
Ajoritsedere Awosika ✓ ✓
Ernest Ndukwe ✓ ✓
Executive Committee
Iboroma Akpana Not yet a member
The Executive Committee (EXCO) is made up of the Group
The Committee advises the Board on its oversight respon- Managing Director as Chairman, the Group Deputy Manag-
sibilities in relation to remuneration of the Bank’s directors ing Director and all Executive Directors. The Committee is
and employees. It is responsible for determining and exe- primarily responsible for the implementation of strategies
cuting the processes for recommending appropriate re- approved by the Board and ensuring the efficient deploy-
muneration for directors and employees. In carrying out its ment of the Bank’s resources.
function, the Committee will benchmark the Bank’s salary
and benefit structure to similar-sized banks. It also advis-

130 Access BAnk Plc
Annual Report & Accounts 2017