Nomination Committee Terms of Reference

I. Mandate

To ensure that the Bank has the most competent individuals to discharge their responsibilities and to manage the Bank in the interests of its shareholders (the "Shareholders") and depositors by recommending appointments of directors (the "Directors") to the board of Directors of the Bank (the "Board") for approval.

II. Members

Members consist of three Non-Executive Directors (At least two members must be independent non-executive Directors). The chairman of the Nomination Committee shall be appointed by the Board and must be either an independent non-executive Director or the chairman of the Board.

Quorum