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Asset/Liability Committee

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Asset/Liability Committee (ALCO)
A risk management committee in a bank that evaluates the risk associated with the bank's assets and liabilities. It manages interest rate risk while ensuring adequate returns and liquidity.


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According to the complaint, the director defendants "generally attended" asset/liability committee meetings, where officer defendants presented information about the state of the economy, the investment climate and WesCorp's specific investment strategy.
Who Manages Liquidity Risk The Asset/Liability Committee oversees our liquidity risk management program.
O'Brien has served on the Board for seven years, and is a member of the Compensation Committee and Chair of the Asset/Liability Committee.
 
 
 
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