The Board of Directors is entrusted with the duty of ensuring the proper management of the Bank in the best interest of its shareholders, depositors, and other stakeholders, in accordance with applicable laws and regulations. 

Fransabank is governed by a Board of Directors consisting of 12 members, elected by the General Assembly of Shareholders for a renewable mandate of three years. 

The Board consists of a mix of executive, non-executive and independent members. The majority of its members qualify as non-executive. 

The Board has overall responsibility of the Bank, including setting Bank’s strategic objectives and overseeing their implementation, in addition to the risk strategy, risk policies, corporate governance and corporate values. The Board has to ensure that adequate, effective and independent controls are in place. The Board exercises adequate oversight over the Group entities and ensures that each entity of the Group adopts corporate governance policies and mechanisms appropriate to its structure, business and risks. 

Board Members