Asset and Liability Management Committee (“ALCO”)

The ALCO supports the RMC of the Board in the oversight of market and liquidity risk management. The ALCO, which is chaired by the President & CEO and includes senior representatives from both business and support units, is primarily responsible for the following:-

(a) To develop, recommend and review frameworks and policies to address market risk and liquidity risk inherent in both conventional and Islamic banking operations. The material risks inherent to market risk are Price Risk (Trading) and Structural Interest Rate Risk / Rate of Return Risk; and

(b) To review, formulate and implement broad strategies to manage market risk and liquidity risk associated with the changing balance sheet profile and funding structure of the Maybank Group.
 

The ALCO meets once a month or as and when deemed necessary. For the period under review, ALCO had met 14 times.