Risk Management Committee
the Risk Management Committee comprised 10 reputable members whose serve a 3 years term
| NAME / SURNAME | TITLE |
|---|---|
| 1. Ms. Boosaba Daorueng | Chairman, Risk Management Committee |
| 2. Mrs. Saithip Montrikul Na Audhaya | Member, Risk Management Committee |
| 3. Mr. Krij Thomas | Member, Risk Management Committee |
| 4. Mr. Suwat Damrongchaitham | Member, Risk Management Committee |
| 5. Mr. Vichate Tantiwanich | Member, Risk Management Committee |
| 6. Mr. Premon Pinskul \1 | Member, Risk Management Committee |
| 7. M.L. Kornkasiwat Kasemsri | Member, Risk Management Committee |
| 8. Mr. Charnchai Phansopha | Member and Secretary to the Risk Management Committee |
| 9. Mr. Sataporn Panichraksapong | Member, Risk Management Committee |
| 10. Mr. Dew Waratangtagoon | Member, Risk Management Committee |
| Ms. Sunetra Saengratanakul | Secretary to the Risk Management Committee |
Remark: 1. Mr. Premon Pinskul was appointed Member of the Risk Management Committee by resolution at the Board of Directors Meeting No. 4/2011 held on 13 July 2011, effective as of 13 July 2011.
Duties and Responsibilities of the Risk Management Committee
- 1. Assess and present policies, set risk management policy and framework and propose to the Board of Directors for approval.
- 2. Examine and agree on acceptable risk levels, approve risk management plans, and present to the Board of Directors.
- 3. Continuously monitor, develop and comply with policies and the risk management framework so the Group will have a risk management system that is uniformly effective throughout the organization to ensure that policies continue to be observed.
- 4. Assess risk identifcation and assessment procedures, report on signifcant risk management activities and enforce procedures to ensure that the organization has suffcient and appropriate risk management systems in place.
- 5. Coordinate with the Audit Committee about signifcant risk factors and appoint an internal risk assessment team to ensure that the Company’s risk management system is appropriate to the exposure, adapted as needed and adopted throughout the organization.
- 6. Continually report to the Board of Directors on signifcant risks and risk management solutions..
- 7. Recommend and advise the Risk Management Sub-Committee and/or departments and/or the relevant working committees about signifcant risks about risk management, as well as evaluate the appropriate means to improve various databases that are related to the development of risk management solutions.
- 8. Appoint Sub-Committees and/or additional related personnel, or replacements in the Risk Management Sub- Committee and/or the Department and/or the working team that is related to managing risks as necessary, as well as determine their roles and responsibilities in order to achieve the objectives..
- 9. Execute other activities that pertain to managing risks as assigned by the Board of Directors.