(1) There shall be a Loans and Investments Committee which shall consist of the Managing Director who shall be the Chairperson, the Deputy Manager, if any, the Chief Financial Officer, 2 directors and heads of divisions within the Bank.
(2) The Managing Director or the Deputy Manager, one director and 2 other members of the Loans and Investments Committee shall form a quorum at any meeting of the Committee.
(3) The Loans and Investments Committee shall be responsible for —
(a) the management of the loans and investments of the Bank within the policy guidelines approved by the Board; and
(b) reviewing and making recommendations to the Board on the Bank's policies on loans and investments.