The Board of Directors is responsible for defining general strategy and policy within our group. It decides on matters such as the overall risk appetite.
The Executive Committee is responsible for the operational management of the group within the confines of the general strategy approved by the Board. To assume its specific responsibility towards financial policy and risk management, the Executive Committee appoints a chief financial officer (CFO) and a chief risk officer (CRO) from among its ranks.
Detailed information on our remuneration policy for senior management can be found in our annual report, in the chapter Corporate governance statement, under ‘Remuneration report’.