Overview

Agibank Corporate Governance is the process of managing organizational efficacy, efficiency and effectiveness, as adopted by stakeholder representatives, as well as the ability to manage risks that do or might threaten the growth, development and continuity of the organization.

In that context, the goal of Corporate Governance is to standardize organizational architecture and establish structured hierarchies, responsibilities and process so as to ensure the organization will be run in the interest of its stakeholders.

 

Agibank Corporate Map

 

Corporate Governance Structure

Compensation Committee

The Compensation Committee, elected on July 26, 2018, is in charge to: (1) develop the Management Compensation Policy, proposing to the Board of Directors the forms of fixed and variable remuneration, as well as benefits and special recruitment programs and dismissing; (ii) supervise the implementation and operation of the compensation policy; (iii) review annually a compensation policy, recommending the Board of Directors for its correction and improvement; (iv) propose to the Board of Directors the Annual Management Compensation, in the light of the Article 152 of the Law 6404/76; (v) evaluate the future, internal and external, the possible impacts on the Management Compensation Policy; (vi) analyze the Management Compensation Policy compared to market practices, in order to detect discrepancies in relation to similar companies, proposing the necessary adjustments; and (vii) ensure that the Management Compensation Policy is up-to-date and appropriate with an Integrated Risks Policy, with goals and with the current and expected financial situation of Agibank, and with the provisions of applicable regulations.

 

Click here to download the Internal Rules of the Committee (Portuguese only).

 

Committees

The purpose of the Agibank Institutional Committees is to assess, debate and make suggestions on how to improve procedures and thus enhance the organization’s management activities. The committees also assess, as determined or delegated by the Executive Board and/or the CEO, any management-related matter at the bank. Agibank Committees are established by the Agibank Committee Bylaws and run by the Corporate Governance department.

Comitês

Commercial Committee

Assesses performance at all level of Inside and Outside sales in relation to the sale of key products, as well as establishing, tracking and reviewing guidelines and deciding on actions related to Inside and Outside Sales for the coming month.

Credit Committee

Establishes guidelines and debates and decides on Credit Policies, Collections, Revenue and Credit Recovery for the institution and its purviews, as well as analyzing, issuing reports and debating and deciding on credit operations within the limits of its decision-making authority.

Information Technology Committee

Establishes policies and guidelines for the use of the systems that make up the Agibank platform and promotes the alignment of the business and Information Technology areas, defining the IT strategy, approving and prioritizing IT-related strategic projects, and funding such projects.

People Management Committee

Recommends to the Board human resources strategies in line with the company’s mission, vision and values, as well as with market practices, enabling shareholders to decide and oversee human resources practices and strategies that ensure organizational development through management systems, compensation policies, succession processes, and talent management.

Product Committee

Debates and decides on product and policies in exceptional situations, specifically in conditions beyond those determined by their respective regulatory standards.

Risk Committee

Ensures and supports to the Management that best practices in relation to risks are being followed, as well as subsidizes decisions in a collegial manner and discusses metrics and approaches to risk management of Agibank and its affiliates.

Treasury Committee

Advises the Board and the shareholders on decisions related to managing the uses and sources of funds, given the profitability and security of the Institution, as well as liquidity and market exposure risk limits.

 

Ethics, Conduct and Integrity

Agibank believes the values, behaviors and conduct of all people affect corporate ethics. For this reason, it fosters a culture based on the values described below, where people always come first, whether they are employees, vendors, customers or members of society as a whole.

Client: The client really matters! Promoting financial inclusion means making the world a better place.

Result: We work tirelessly to achieve our goals. There’s nothing better than winning together.

Ethics: Ethics means ethics!

People: We’re crazy about attracting and recognizing talent. Passion for people is what drives us. We work based on collaboration and flow.

Technology and innovation: Technology and innovation are in our DNA.

 

Get to know the Agibank Code of Ethics and Conduct, which details our commitment to ethical standards and sustainable business management. Everything we do must result in the integrated, inseparable balance between the social and economic sides of our business from the point of view of all our audiences.

 

Reporting Channel

The Agibank Reporting Channel underlines the company’s commitment to transparency in its business practices and market relations. The hotline was developed to enable you to report irregularities or even issues that might negatively impact Agibank, other companies in the group, its team members or the outside public.