Corporate Governance
NFC Bank’s corporate governance model is based on service minded leadership working to uphold the Bank’s core values. NFC Bank has established a sound governance structure that is in line with best practices particularly at the executive or operational levels.
Organisational structure
The bank is managed by the General Manager who is supported by a team of seasoned managers with varying professional backgrounds.
Corporate values
The NFC Core Values include (T.R.I.M.S) Transparency, Resilience, Innovation, Modesty, and Stewardship:
Compliance
Compliance is a key factor in Business today. Hence, NFC Bank ensures that its business is carried out in full compliance with regulatory requirements, good governance and high level of integrity.
Internal audit system
NFC Bank has a structured internal Audit System which provides independent assurance that the bank’s risk management, governance and internal control processes are operating effectively.
Risk Management
NFC bank has put in place appropriate mitigating measures to reduce or eliminate the exposures.