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Banking > Advanced Banking
> Head Office
Head Office of a Bank
Bankers being custodians of public money, function in a heavily regulated environment. The
Head Office of a Bank is the seat of its highest policy making body called Board of
Directors and is primarily responsible to the Regulatory Authorities for meticulous
compliance of these instructions/regulations. The Board of Directors is assisted by
Functional Heads, who in turn, head their respective departments manned by experienced
staff functionaries. The Head Offices are, therefore, organised in such a manner that each
aspect of Banking is monitored at Head Office by experts in the field. Head Office of a
Bank is essentially an amalgamation of different Departments, each looking after one
aspect of Banking. Some of the departments in a typical Head Office of a Bank are as
follows:
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