Page 51 - Stanbic Bank IR 2024
P. 51
STANBIC BANK BOTSWANA LIMITED | Integrated Report 2024 49
PRINCIPLE 8 (continued)
BOARD
INFORMATION
TECHNOLOGY
COMMITTEE (BITC)
Mthabisi Bokete
Chairman
The Board Information Technology Committee is mandated to guide Information and Technology decisions within the Bank, ensuring
they align with strategic objectives of the Bank. The Committee's key purpose is to assist the Board in fulfilling its oversight
responsibilities for technology and information governance, ensuring prudent and reasonable steps are taken. By delegating authority to
this Committee, the Board aims to maintain effective governance of technology and information, supporting the Bank's strategic goals.
For the year under review, the Committee has successfully met its mandated obligations. In fulfilling its responsibilities as defined in its
terms of reference, key strategic areas of focus included:
Oversee the Bank's investments, operations, and strategy related to Information Technology (IT)
Review and monitoring of the Bank’s cyber security
Monitor the progress of major technology related projects
18/03/2024 19/06/2024 18/08/2024 11/11/2024
Q1 Q2 Q3 Q4
M Bokete (Chair)
Dr TTK Matome
M Haskins
L Somolekae* n/a n/a n/a
L Fuzile** n/a
M Kgenyengwane*** n/a
*L Somolekae resigned from the committee on 22 March 2024
**L Fuzile appointed to the committee on 22 March 2024
***M Kgengwenyane was appointed to the committee on 19 April 2024
KEY
Attended * Invitee to the committee n/a - Not a member of the committee - absent
