The Nomination and Remuneration Committee

The Nomination and Remuneration Committee

Full Name Position
1. Mr. Pongtep Polanun
  • Chairman of the Nomination and Remuneration Committee
  • 2. Mr. Siripong Oontornpan
  • Director
  • 3. Mr. Sripop Sarasas
  • Director
  • 4. Mr. Kittisak Sopchokchai
  • Director
  • 5. Mr. Suraporn Raktaprachit
  • Director
  • Secretary: Ms. Pannawee Kaewmanee

    Authority, Duties and Responsibilities of the Nomination and Remuneration Committee

    Authority of the Nomination and Remuneration Committee

    1. Consider and approve the selection and evaluation processes, as well as the compensation for the President.
    2. Consider and approve proposals for the names of qualified candidates to the Board of Directors for their consideration and approval in the case of a vacancy in a director's position.
    3. Consider and approve proposals for the name of a qualified candidate for the position of President to the Board of Directors for their consideration and approval.
    4. Consider and approve proposals for the names of other candidates to the Board of Directors for their consideration and approval in positions whose functions, responsibilities and authorities are directly given by the Board of Directors.

    Duties and Responsibilities of the Nomination and Remuneration Committee

    1. Develop the criteria, selection and evaluation processes, as well as the compensation for the President.
    2. Propose persons for approval of the Board of Directors in the case of a vacancy in a director's position resulting from any reason, other than the end of a term retirement from that position or to increase the numbers of directors. Once approved by the Board of Directors the resolution is put forward for the approval of the shareholders.
    3. Propose to the Board of Directors the name of a person to receive approval from the Shareholder's Meeting in the case that there is a vacancy of a director position due to term retirement.
    4. Propose to the Board of Directors for the approval of the President to retire from being an employee in the Company according to the current operating regulations.
    5. Propose any person that the Board of Directors will then delegate its authority to perform a specific task for the Company.
    6. Recommend the appropriate remunerations for each of the Company's Board of Directors and Committees and then propose to the Board of Directors for the approval of these remunerations at the Annual General Meeting.
    7. Recommend appropriate bonus and salary increases for the management and employees to the Board of Directors for their approval.