The Board of Commissioners is charged with a supervisory role in a general and/or a specific manner in accordance with the Articles of Association and to provide advice to the Board of Directors. In performing its supervisory function, the Board of Commissioners is assisted by three Committees. The Committees are:
The Audit Committee assists the Board of Commissioners in fulfilling its oversight responsibilities for the financial reporting, internal control, internal and external audit, and risk management processes. In performing its duties, the Audit Committee ensures an effective working relationship with the Board of Directors, Management, Internal Auditors, and External Auditors.
The Remuneration Committee was established to assist the Board of Commissioners in ensuring that the remuneration policy and scheme currently implemented or will be implemented in the company, fairly reward the Board of Directors and employees, attract talent, retain competitive value, and ensure the Company maintains a pool of competent human resources.
The Capex, Financing and Management Process (CFMP) Committee assists the Board of Commissioners in fulfilling its oversight responsibilities regarding capital expenditure, financing, and management process of the company. The CFMP Committee periodically provides its findings and recommendations to the Board of Commissioners.
