CRD Welcome Package

Responsible Department

Frequency

#

Meeting

Objective

Activities

STATUTORY MEETINGS

Monetary Council

To receive the Governor’s report on monetary and credit conditions.

February July October (3)

Agenda

Policy (coordinator)

1.

Administrative Matters

CRD

To provide directives and guidelines on matters of monetary and credit policy to the Bank and for such other purposes as are prescribed under the ECCB Agreement 1983.

Decisions

CRD

Communiqué

CRD/Policy

Minutes and Follow-up with departments on issues

Board of Directors

To deal with matters related to the policy and general administration of the Bank.

January March June

Agenda

Policy (coordinator)

2.

Administrative Matters

CRD

September November (5)

Decisions

CRD/Policy

Minutes & Follow-up with departments on issues

BOARD COMMITTEES

Board Investment Committee

To receive reports on the performance of the Bank’s foreign reserve portfolio and give directives for its management.

January November (2)

Agenda

BMOD (coordinator)

1.

Administrative Matters

CRD

Minutes & Follow-up with departments on issues

BMOD

Board Audit and Risk Committee

To assist the Board of Directors in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control, the audit process and

January March June September

Agenda

IAD (coordinator)

2.

Administrative Matters

CRD

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