Dr. Phongthon Tharachai
Board of Director
Chairman of the Corporate Governance and Social Responsibility Committee
Risk Management Committee
Chairman of the Executive Committee
SCOPE OF DUTIES AND RESPONSIBILITIES OF THE EXECUTIVE COMMITTEE.
- Conduct and present business policies, targets, operational plans, business strategies and annual budgets of the Company to the Company’s Board of Directors for approval
- Determine business plans, the administrative authority and the Company’s budgets to seek approval from the Company’s Board of Directors.
- Supervise the Company’s business operation to comply with business policies, targets, operational plans, business strategies and budgets approved by the Board of Directors to ensure that they are efficient and facilitate our business
- The Executive Committee is authorized to approve loans or application for a loan from a financial institution as well as to pay or to spend money for ordinary transactions of the Company’s businesses, for instance, investment and other expenses under the budget determined following the Summary Table of General Approval Authority announced
- Determine the efficient structure of the organization and the administration that are covering the recruitment, training, employment and termination of employment of the Company’s employees at the level of executive members or high-level executives. The managing director may be assigned to be the authorized person signing an employment contract
- Monitor, supervise and approve on matters related to the Company’s operations. The committee may appoint or assign any person or a group of persons to act on behalf of the Executive Committee as deemed appropriate. The Executive Committee may revoke, change or alter such authority
- Act as assigned by the Company’s Board of Directors.
- The Executive Committee is to report to the Company’s Board of Directors immediately should there be an incident of corruption or a suspicion of corruption, violation of a law, and an abnormal act causing significant damage to the Company’s reputation and the financial status
With regards to the above provision of authority to the Executive Committee, an item/matter that the Executive Committee or an individual (in the Committee) may be in conflict, may have stakes in or may have any other conflict of interests with the Company or its subsidiary companies. Should that incident arises; the concerned member(s) of the Executive Committee will not have the right to vote on that matter. The approval of an item that may result in a conflict of interests as mentioned above is to follow the announcement of the Stock Exchange of Thailand on the regulations, method and revelations of related items of the registered companies.
COMPONENTS AND THE RECRUITMENT OF THE EXECUTIVE COMMITTEE
The Executive Committee must be a member of the Board of Directors or senior directors. The following positions are counted as the Company’s Executive Committee;
- Chief Executive Officer (CEO)
- Managing Director (Project Planning Service Company Limited)
- Deputy Managing Director of Finance and Administration Department
- Deputy Managing Director of Project Department
- Deputy Managing Director of Technology and Innovation Department
- Deputy Managing Director of Administration Department
- Deputy Managing Director of Business Development Department following the nomination from the Board of Directors
However, the Board of Directors Eligible nominate as Directors. An appointed Executive Committee has 2 years each term.