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South African Reserve Bank
 
 
     
 
 

Governance Structure 

The Bank’s Board is responsible for the oversight of the entire process of risk management. The Board Risk Committee, which is a subcommittee of the Board, assists the Board to ensure a dedicated focus on risk management in the Bank.
 
The Governors’ Executive Committee (GEC) has overall executive responsibility for risk management in the Bank and is accountable to the Board for ensuring adequate risk management structures and processes. The Risk Management Committee, which is a subcommittee of the GEC, assists the GEC with regard to its executive responsibility for risk management in the Bank.
 
The Bank's Risk Management Governance Structure illustrates this.

 

 
 
     
 
 
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