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:

No. Name Position Title Number of Attendance / Number of Meetings
1. Mr. Lee Chye Tek Lionel 1 Chairman of the Enterprise Risk Management Committee 3/3
2. Mr. Lee Chye Cheng Adrian Member of the Enterprise Risk Management Committee 3/3
3. Mr. Sataporn Amornvorapak Member and Secretary of the Enterprise Risk Management Committee 3/3

1 Mr. Lee Chye Tek Lionel was appointed to be Chairman of Enterprise Risk Management Committee by the Board of Directors which became effective since 27 February 2019.

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

Scope of Authority, Duties, and Responsibilities of the 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.