DFCC BANK PLC — Governance risk

Governance risk — DFCC BANK PLC

Board composition, director tenure and turnover, committee effectiveness, succession gaps.

Model weight: 25% of the total score.

Signals in this category

11.0

Moderate (11.0)

From the annual recalculation record for FY2016.

Banks sector average for FY2016: 1.9 — this company is above the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	no female directors	+1	2026	—	View evidence No female directors on 27-member board
Low	low independent directors	+2	2026	—	View evidence Independent directors 7.4% (below 33%)
Low	no female directors	+1	2025	—	View evidence No female directors on 27-member board
Low	low independent directors	+2	2025	—	View evidence Independent directors 18.5% (below 33%)
Low	no female directors	+1	2023	—	View evidence No female directors on 27-member board
Low	low independent directors	+2	2023	—	View evidence Independent directors 7.4% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 26-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 11.5% (below 33%)
Low	no female directors	+1	2021	—	View evidence No female directors on 20-member board
Low	low independent directors	+2	2021	—	View evidence Independent directors 10.0% (below 33%)
Low	no female directors	+1	2019	—	View evidence No female directors on 15-member board
Low	low independent directors	+2	2019	—	View evidence Independent directors 33.3% (below 33%)
Low	no female directors	+1	2018	—	View evidence No female directors on 14-member board
Low	low independent directors	+2	2018	—	View evidence Independent directors 28.6% (below 33%)
Low	no female directors	+1	2017	—	View evidence No female directors on 5-member board