ANNUALREPORT 2013
39
2. STRENGTHENCOMPOSITIONOFTHEBOARD
(Cont’d)
2.2. Recruitment of Directors andAnnualAssessment
The following salient points were taken into consideration pertaining to the recruitment of
Directors andannual assessment:
•
Requiredmixofskills,experience, independenceanddiversity, includinggender,where
appropriate;
•
Character, knowledge, expertise, professionalism, integrity, competence and time
availability; and
•
The Independent Directors’ abilities to discharge such responsibilities / functions as
expected from the Independent Directors.
The Board currently consists of 4 members of which one (1) member is female director.
TheBoard recognizes the initiative by government to enlarge thewomen’s representation
at boardroom. In addition, the Board is satisfied with the contribution of eachmember of
theBoard through the annual assessment by theNominationCommittee.
2.3. RemunerationCommittee
The Remuneration Committee is responsible to assist the Board on fair remuneration
practices in attracting, retaining and motivating Directors. The composition of the
RemunerationCommittee compriseswithwholly Independent Non-ExecutiveDirectors.
The following is the current members of theRemunerationCommittee:
Name
Designation
Directorship
YBhgDato’ Hussian@ Chairman
Independent Non-ExecutiveDirector
Rizal BinA. Rahman
YBhgDatukSeri SyedAli
Member
Independent Non-ExecutiveDirector
BinTanSri Abbas
Alhabshee
Ms. YeongSiew Lee
Member
Independent Non-ExecutiveDirector
For the financial year ended31December 2013, theNominationCommitteehasmet once
with full attendanceof itsMembers to reviewand recommend thepaymentofDirectors’ fees
inFYE 2013.
The Remuneration Committee had carried out its duty in reviewing and assessing the
remuneration for theDirectorsof theBoard toensure that the remuneration is linked to the
level of responsibilitiesundertaken,performanceandcontribution to theeffective functioning
of the Board. The individual Directors do not participate in the discussion of their own
remuneration during theRemunerationCommittees’Meeting.
CorporateGovernanceStatement
(Cont’d)
