Governance system in banking sector is relatively advanced (Kamel Ayadi) | Tunisia News Gazette

Governance system in banking sector is relatively advanced (Kamel Ayadi)

The system of governance and application of the rules of good management in the banking sector is relatively advanced compared to that applied in institutions and public institutions said Tuesday, chairman of High Committee for Administrative and Financial Control (HCCAF ) Kamel Ayadi.

In a statement to the media on the sidelines of an information day, held in Tunis and devoted to the presentation of the guide of the public manager, Ayadi stressed that institutions and public authorities will have to reactivate the role of their boards of directors and benefit from the experience of banks with boards of directors and audit committees.

He considered that the banking sector, including the public banks, have a flexible management system as they operate in a competitive environment and have special procedures in the area of transactions and human resources management.

Ayadi added that following the publication of the study on the 10 most frequent offenses in the area of public management, the public sector has responded positively to this study.

He added that the Prime Minister expressed his commitment to follow up on these offenses and to implement the related recommendations.

He also noted that the public manager faces some of the challenges that hinder the process of good governance, noting that public institutions and ministries have become more aware of the need to avoid management and correct them.

Source: TAP News Agency

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