In handling the relationship between the principal and the agent, the personnel system and the ownership system are of vital importance regarding the external institutional buildup. (II) We shall reform the personnel system in a bid to select excellent directors, to form a diligent and responsible board and to appoint outstanding top Management for banks. 1.
You may end up in a win-win situation. But you may also end up in a loose-loose situation too! My risk-averse nature as a central banker compels me to keep to our benchmark and protect values then look for return in the better allocation of assets.