Corporate Governance and Ethics Committee
To support GMM Grammy Plc Group so that it operates under good corporate governance policies to ensure that the organization is effective, transparent, and inspires confidence in its shareholders, investors, stakeholders, and all related parties, as well as add value and promote sustainable growth, the Board of Directors appointed a Corporate Governance and Ethics Committee. Established in 2004, and regularly review.
However, during the 2/2555 Board of Directors’ meeting held on 23 March 2011, the Board of Directors reviewed the composition of the Corporate Governance and Ethics Committee and appointed the 3 Directors to concurrently be CG &Ethics to better comply with the good corporate governance principles of the Thai Institute of Directors (IOD) and comply with the Group’s Corporate Governance and Business Ethics Handbook, Revised Version 4, for the year 2012, taking effect on 2 April, 2012.
As of 2 April,2012, the Corporate Governance and Ethics Committee had 4 qualified members whose serve a 3 years term, effected from 2 April,2012 to 1 April,2015 Miss Sunetra Saengratanakul serves as the secretary to the Committee:
| NAME / SURNAME | Title | Title in The Corporate Governance and Ethics Committee |
|---|---|---|
| 1. Mr. Weerawong Chittmittrapap | Independent Director, Member of the Audit Committee |
Chairman of the Committee |
| 2. Ms. Suvabha Charoen-ying | Independent Director, Member of the Audit Committee |
Member |
| 3. Mr. Krij Thomas | Director, Executive Director Chief Executive Officer (CEO Music) | Member |
| 4. Mr. Sataporn Panichraksapong | Director, Executive Director Top Management Representative of TV Business | Member |
| Ms. Sunetra Saengratanakul | Director of The Internal Audit Department (Media Group) | Secretary to the Committee |
The Corporate Governance and Ethics Committee performs duties as designated by the Board of Directors and within the purview of power, duties and responsibilities defined in the Corporate Governance and Ethics Committee Charter. The Company has a policy to disseminate the Company’s Corporate Governance and Ethics Committee Charter through the GRAMMY Group’s Intranet to ensure it is communicated to all people across the organization.
Duties and Responsibilities of the Corporate Governance and Ethics Committee
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1. Propose Corporate Governance Policies and a Code of Ethics of the Group to the Board of Directors for approval.
2. Monitor and supervise the Group to ensure that corporate governance policies and business ethics specified by the Company are complied with.
3. Continuously assess the Group’s corporate governance policies and code of ethics to ensure that they comply with international standards and/or recommendations from related government organizations, and propose these findings for approval from the Board of Directors.
4. Evaluate and propose a Code of Best Practices to the Board of Directors and/or smaller committees in the Group.
5. Encourage the dissemination of the good corporate governance culture across the organization and ensure that it is actually practiced.
6. Evaluate, appoint and outline the working team’s roles in supporting the monitoring and supervision of business operations and ethics, as appropriate.
7. Perform other duties as assigned by the Board of Directors.