COMMITTEE
Remuneration and Nomination Committee
The Board of Directors has approved the setting up of the Remuneration and Nomination Committee, which at present comprises 4 members, as follows:
Name-Surname Position Details
Miss Potjanee Thanavaranit Chairman of the Remuneration and Nomination Committee Independent Director
Mr. Nararat Limnararat Member of the Remuneration and Nomination Committee Non-Executive Director
Mr. Thapana Sirivadhanabhakdi Member of the Remuneration and Nomination Committee Non-Executive Director
Mr. Panote Sirivadhanabhakdi Member of the Remuneration and Nomination Committee Executive Director
Scope of Powers, Duties and Responsibilities of the Remuneration and Nomination Committee
1. To prescribe bases and policy on the nomination of directors and sub-committee members of the Company.
2. To consider nominating and screening the qualified persons to be a director, in the case the position of directorship is vacant, for proposing to the Board of Directors for approval and/or for seeking approval from the meeting of shareholders, as the case may be.
3. To consider nominating and screening the qualified persons to hold the position of managing director upwards, in the case such a position is vacant.
4. To consider proposing list of names of qualified directors to be appointed as sub-committee members to the Board of Directors of the Company for appointment, in the case such a position is vacant.
5. To consider proposing recommendations on the remunerations and any other benefits which are necessary and suitable, both financially and not financially, so as to make an incentive and maintain the Board of Directors, Sub-Committees and/or for proposing to the meeting of shareholders for approval.
6. To prepare criteria and policy on the fixing of remunerations of the Board of Directors, the Audit Committee, the Remuneration and Nomination Committee and Risk Management Committee for proposing to the Board of Directors for approval and/or for proposing to the meeting of shareholders for approval, as the case may be. Which have the criteria for consideration by performance of the Company, scope of duties and responsibilities of each board or committee, experience, knowledge and capabilities of directors and comparing to other companies in the same industry
7. To consider fixing the necessary and appropriate remuneration or other benefits both monetary and non-monetary in order to compensate and persuade the high rank of management from Managing Director above by evaluating from his performance, endeavor and the performance of the Company
8. To provide clarifications and answers to questions relating to the remunerations of the directors at the meeting of shareholders.
9. To carry out any other works as assigned by the Board of Directors of the Company and with approval of the Remuneration and Nomination Committee.