COMMITTEE
Risk Management Committee
The Board of Directors has approved the setting up of the Risk Management Committee, which at present comprises 11 members, as follows:
Name-Surname Position Details
Mr. Worawat Srisa-an Chairman of the Risk Management Committee President
Mr. Wichai Mahutdejkul Member of the Risk Management Committee Executive Vice President
– Corporate Services
Mr. Bundit Muangsornkeaw Member of the Risk Management Committee Executive Vice President
– Finance Budgeting and Accounting
Mr. Korntawat Kingngoen(1) Member of the Risk Management Committee Executive Vice President
– Business Operations
Mr. Khumpol Poonsonee(2) Member of the Risk Management Committee Executive Vice President - Investment and Business Development
Mr. Panom Prommiratana(3) Member of the Risk Management Committee Managing Director, Thai-Lysaght Co., Ltd.
Mr. Noppadol Theerasilp(4) Member of the Risk Management Committee Advisory, Forward System Co., Ltd.
Mr. Teekayu Dusiyamee(5) Member of the Risk Management Committee Managing Director, Forward System Co., Ltd.
Mr. Urasate Navenugraha(6) Member of the Risk Management Committee Managing Director, Univentures REIT Management Co., Ltd.
Mr. Siripong Srisawangwong(7) Member of the Risk Management Committee Managing Director, GRAND UNITY Development Co., Ltd.
Mr. Norawee Chatraporn(8) Member of the Risk Management Committee Senior Vice President, Asset Management
Note :
(1) Mr. Korntawat Kingngoen has been appointed Received the position on March 14, 2016.
(2) Mr. Khumpol Poonsonee has been appointed Received the position on December 1, 2016.
(3) Mr. Panom Pommiratana has been appointed Received the position on November 1, 2016.
(4) Mr. Noppadol Theerasilp has been appointed Received the position on November 1, 2016.
(5) Mr. Teekayu Dusiyamee has been appointed Received the position on November 1, 2016.
(6) Mr. Urasate Navanugraha has been appointed Received the position on May 12, 2016
(7) Mr. Siripong Srisawangwong has been appointed Received the position on October 3, 2016.
(8) Mr. Norawee Chatraporn has been appointed Received the position on June 1, 2016.
Scope of Powers, Duties and Responsibilities of Risk Management Committee
1. To prescribe strategies and policies, as well as setting targets of risk management of the entire organization, for use as guidelines for effective risk management by the Management so that it be carried out in the same direction.
2. To prescribe the frame of integrated risk management which shall cover major risks of the business, such as, business risk and operational risk, etc.
3. To laydown risk management system so as to reduce any effects that may occur to the business operations of the Company permanently, including arrangement for regular risk assessment.
4. To prepare and approve suitable risk management plan, by assessing risk factors that may affect the business operations of the Company, and prepare risk management plan at all levels through brainstorming among the executives and staff from various departments.
5. To develop the efficiency risk management and examine it for suitable risk management.
6. To encourage the executives and staff so that they be aware of the importance of management and administration of risks that may cause the Company not being able to achieve its targets including to persuade into the risk management at all levels of the organization, while at the same time embedding it as a culture of the organization.
7. To monitor the progress in complying with the risk management plan of the Company, and provide advices and recommendations in regard to risk management.
8. To communicate with the Audit Committee about significant risks that may affect the internal control.
9. To report to the Board of Directors of the risks and the progress of management such risks.