In this role he chaired the bank's Asset-Liability Committee
and managed the investment portfolio, besides being a member of the senior management team.
Previously, Stauduhar served as vice president and chief financial officer for ten years at Community Bank Inc of Missoula, Montana, where he also served as a member of the Senior Management Team, chaired the bank's Asset-Liability Committee
and managed its investment portfolio.
Our asset-liability committee
will meet in a week or 10 days," says KR Mohana Chandran, GM and chief risk officer, Federal Bank.
State Bank of India chairman Arundhati Bhattacharya said that a cut in rates was on the bank's horizon and there was some preparedness to do so but the timing would be decided by the asset-liability committee
. HDFC vice chairman and CEO Keki Mistry said lenders were expected to pass on benefits of lower interest rates to customers by February.
Some of Kirk's duties include reporting to the asset-liability committee
, board policy implementation and review, maintaining facility standards, budget oversight, and managing the investment portfolio.
'After our asset-liability committee
meeting today, we have decided to reduce our PLR by 0.50 per cent,' said Rana Kapoor, the bank's managing director & CEO.
Before you can figure out how marketing fits in to the asset-liability committee
(ALCO) process, you first have to understand asset-liability management.
He added that the bank's Asset-Liability Committee
(ALCO) had also discussed the different scenarios before settling on raising interest rates.
Indian Bank has reduced its base rate or minimum lending rate by 30 basis points to 9.65 percent, the Chennai-based bank said in a statement Following the reduction in the policy rate by the Reserve Bank last week, the bank's Asset-Liability Committee
(ALCO) decided to pass on the reduction to the customers, it added.
He has served on numerous committees including the executive commit-tee, governance committee and as the board liaison to the asset-liability committee
. Simpson's professional experience includes leading $3 billion businesses and organizations with more than 100 employees.