Governors' Directorate

The following departments are under this directorate:
  1. Corporate Secretariat Department
  2. Compliance Department
  3. Special Duties Department
  4. Internal Audit Department
  5. Risk Management Department
  6. Strategy & Innovation Management Department

This directorate is under the direct purview of the Governor, and it ensures compliance, internal controls, financial inclusion and provides overall strategic direction for the Bank.

Departments under this directorate are:-

  1. Corporate Secretariat

    The department has the following mandate:

    • Facilitate the principal meetings of the Bank and monitors the decisions of the Board while giving assurance of the highest level of oversight for internal and public complaints; and implementation of the FOIA, 2011.
    • Gain monitoring in Institutions where the Bank has interests. Provide Custodial Services.
    • Manage the Bank’s Records Management System and implement the Records Management Policy.

  2. Compliance Department

    The department has the following mandate:

    • To institute and execute efficient internal control processes, policies, and procedures with the aim of ensuring dependable financial reporting, adherence to laws and regulations, and the efficiency and effectiveness of the Bank's operations.
    • Conduct AML/CFT Supervision.

  3. Special Duties

    The department has the following mandate:

    • Provide advisory, technical and administrative support to the Governors and their aides.
    • Manage the Sustainable Banking Principles, Environmental Policies and the Corporate Social Responsibility activities of the Bank.
    • Manage change, culture, and employee engagement.
    • Monitor and recover Development finance loans and advances.
    • Manage Agric Credit and Guarantee Fund and National Collateral Registry.

  4. Internal Audit

    The department has the following mandate:

    • Evaluate the adequacy and effectiveness of the Bank's internal control systems, risk management and governance processes.
    • Monitor compliance with policies and procedures by all the business units of the Bank.
    • Provide reasonable assurance to the Management and the Board on the effectiveness and efficiency of operations towards the achievement of the Bank's mandate.

  5. Risk Management

    The department has the following mandate:

    • To develop frameworks for identifying, managing and controlling the risks that could impede the fulfillment of the Bank’s mandate.
    • To promote strong corporate governance, risk culture and expertise across the Bank and Sector.

  6. Strategy and Innovation Management

    The department has the following mandate:

    • To oversee the Bank’s overall strategic planning and performance management, business process management, enterprise programme management and special initiatives.
    • To develop the frameworks and monitor strategic planning and performance management across the Bank.
    • To develop knowledge management infrastructure for the Bank.
    • To cultivate strategic alliances for the Bank.
    • To provide the full range of project management support across the Bank.
    • To manage Enterprise innovation.

    7. See departments under other directorates: