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Support unit:
Internal Audit Department
Name
Position
Structure:
Members consist of three SET governors. One member must be from among the
governors appointed by the Securities and Exchange Commission, the second from among the
governors who are executives of member companies and also elected by SET members, while the
third may be any of the remaining governors who must be knowledgeable in accounting, finance
or auditing.
Term:
Until the end of each given person’s tenure as governor
2. Audit Committee
1. Jotika
Savanananda
2. Charnchai Kongthongluck
3. Subhak
Siwaraksa
Chairman
Member
Member
1. To review SET’s financial reports before
forwarding them to the BoG
2. To advise management on the appointment
of SET’s auditor and determine the auditor’s
remuneration; coordinate with the auditor on auditing
objectives, coverage, guidelines, planning and problems
found during the audit, and any issue the auditors
deem significant
3. To coordinate with SET’s Internal Audit
Department on audit objectives, planning, reports and
evaluations of the efficiency of SET’s internal control
system and of the adequacy of resources used for
internal control, including any problem found during
an audit
4. To consult and review results and recommendations
of the auditors and the Internal Audit and
Risk Management Department, and follow up any
operational management matters consequent to those
recommendations
5. To monitor compliance with the laws, rules and
regulations issued by SET’s regulators
6. To monitor the management of SET’s principal
risks
7. To report all operations of the Audit Committee
to the BoG at least four times a year
8. To be responsible for any duty related to the
Audit Committee as assigned by the BoG
Responsibilities of the Audit Committee
are stipulated in the Audit Committee charter: