| Position |
Key responsibilities |
Recommended Appointment/Composition |
| Board |
Promote good governance culture, monitor management practices, strategic plan implementation, assess management performance, ascertain sound framework for internal control & risk management |
Held by a majority of independent directors.Each director must not hold position for more than 9 years.Appointment of board and senior management are based on objective criteria, merit and with due regard for diversity in skills, experience, age, cultural background, and gender.Consider current composition of the board and the tenure of each director on the board.should comprise at least 30% women directors. |
| Chairman |
Provide leadership for the board in overseeing the management, leading board discussions/meeting, setting board agenda, key interplay between management and board, instilling good CG practices |
Position is held by non-CEO person (separate role by a different person) |
| CEO |
Provide leadership for management (execution of operational matters) |
Position is held by non-Chairman person (separate role by a different person) |
| Board committee (audit committee, remuneration committee and nomination committee) |
Hold separate committee meetings from main board meetings |
Held by majority of non-executive (independent) directorsTenure of an independent director does not exceed a term limit of 9 years. Upon completion of the 9 years, an independent director may continue to serve on the board as a non-independent director. |
