(1) Except for the work done by the general meeting of the bank or financial institution, all the work, duties and rights to be done by the bank or financial institution under this Act, existing laws, memorandum and regulations shall be vested in the board of directors. (2) Overall risk management of the bank or financial institution. To operate the bank or financial institution in the interests of the depositors, customers and general shareholders and to maintain appropriate institutional governance in the bank or financial institution and not to interfere in the day-to-day operations of the bank or financial institution such as taking deposits, giving loans, investing, managing employees and spending the budget. It shall be the duty of the board of directors to guarantee the subject. (3) Other duties, duties and rights of the board of directors shall be as follows:- (a) To conduct the work to be done by the bank or financial institution in an orderly manner, subject to this Act, prevailing laws and the necessary regulations under the instructions of the National Bank. , creating and implementing guidelines and procedures, (b) preparing and implementing internal control systems and risk management standards to conduct banking and financial transactions carefully in accordance with their policies and strategies in order to avoid risk or risky situations in the transactions of banks or financial institutions, (c) Making the necessary policy arrangements for all the work to be done by the bank or financial institution, making the bank or financial institution operate in an orderly and prudent manner by regularly monitoring the work, (d) preparing a clear organizational structure of the bank or financial institution, formulating and implementing policies To do, (e) To submit the audit report along with the annual report of the bank or financial institution to the annual general meeting, (f) To do other tasks as prescribed by the National Bank from time to time.