Enterprise Risk Management Committee

The details as of 31 December 2018

The resolution was passed during Board of Directors' Meeting No. 10/2015 to establish Enterprise Risk Management Committee. The purpose of the Enterprise Risk Management Committee is to perform centralized oversight risk management activities for appropriateness and efficiency. Members of the Enterprise Risk Management Committee consist of 3 directors as follows:

Enterprise Risk Management Committee Position Title Number of Attendance
/ Number of Meetings
1. Mr. Lee Chye Tek Lionel Enterprise Risk Management Committee Member
(Acting - Chairman of Enterprise Risk Management Committee)
4 / 4
2. Mr. Lee Chye Cheng Adrian Enterprise Risk Management Committee Member 4 / 4
3. Mr. Sataporn Amornvorapak Member and Secretary of Enterprise Risk Management Committee 4 / 4
4. Mr. Weidt Nuchjalearn 1 Chairman of Enterprise Risk Management Committee (Independent Director) 2 / 2
5. Dr. Siri Ganjarerndee 2 Enterprise Risk Management Committee Member (Independent Director) 1 / 2
6. Mr. Roland Pang Tze Vui 3 Enterprise Risk Management Committee Member 0 / 1

Remarks:

1 Mr. Weidt Nuchjalearn has resigned from the position of an independent director and Chairman of Enterprise Risk Management Committee, effective on 3 September 2018 onward.

2 Dr. Siri Ganjarerndee has resigned from the position of an independent director and Enterprise Risk Management Committee Member, effective on 25 July 2018 onward.

3 Mr. Roland Pang Tze Vui has resigned from the position of Director and Enterprise Risk Management Committee Member, effective on 28 April 2018 onward.

Mr. Sataporn Amornvorapak, Chief Finance Officer, is the secretary of Enterprise Risk Management Committee.

Scope of Authority, Duties, and Responsibilities of the Enterprise Risk Management Committee
  1. To review the risk management processes and mitigation measures including to review the business and compliance risk assessment plans adopted by the Management and propose to the Board of Directors by Chairman of the Enterprise Risk Management Committee.
  2. To take care of other duties as may be assigned by the Board of Directors.

The term of the Enterprise Risk Management Committee members, including the Chairman, shall be 3 (three) years which will coincide with their terms on the Board. Any retiring Enterprise Risk Management Committee member shall be eligible for re-appointment endlessly. In the event of the members of the Enterprise Risk Management Committee including the Chairman resigning/retiring before the expiry of their term, the vacancy will be filled at the discretion of the Enterprise Risk Management Committee and their successor will hold office for the remainder of the unexpired term of their predecessor on the Enterprise Risk Management Committee.