Control Committee and auditors

The Control Committee is the Bank's supervisory body. It ensures that the operations of the Bank are conducted in accordance with the Statutes. The Control Committee is responsible for the audit of the Bank and submits its annual audit report to the Board of Governors. The Nordic Council and the Parliaments of Estonia, Latvia and Lithuania appoint eight members to the Committee, with one member representing each member country. Furthermore, two members are appointed by the Board of Governors to serve as Chairman and Deputy Chairman. The chairmanship and the deputy chairmanship rotate among the member countries.

The Control Committee appoints two professional external auditors for the purpose of assisting the Committee in carrying out its work and responsibilities. One of the professional auditors is appointed from the Bank's host country (Finland) and one from another member country.

Members

Chairman
Mr Hannu Riippi, Managing Partner (Finland)

Deputy Chairman
Mr Toomas Vapper, Chief Executive (Estonia)
  

Denmark
Mr Niels Sindal, Member of Parliament

Estonia
Mr Taavi Rõivas, Member of Parliament

Finland
Ms Tuula Peltonen, Member of Parliament

Iceland
Ms Ragnheiður Rikhardsdóttir, Member of Parliament

Latvia
Mr Viesturs Silenieks, Adviser to the Chairman of the Saeima

Lithuania
Ms Alina Brazdylienė, Adviser to the Office of the Seimas Committee on the Budget and Finance

Norway
Mr Hans Frode Kielland Asmyhr, Member of Parliament

Sweden
Mr Johan Linander, Member of Parliament

Secretary to the Control Committee
Ms Catarina Doepel, Corporate Secretary, NIB

External auditors appointed by the Control Committee

Mr Sixten Nyman, Authorised Public Accountant, KPMG Finland
Mr Per Gunslev, Authorised Public Accountant, KPMG Denmark


Links
Rules of procedure for the Control Committee (81 kB)
Code of conduct for the Control Committee (85 kB)
Legal framework and policy documents
Annual Report 2009, Corporate governance
Annual Report 2009 (4.2 MB)