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Annual Report 2014
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Nomination and Remuneration
Committee Report
1. Recruited qualified top executives for the Board of
Governors’ approval
2. Advised the appointment of permanent and non-
permanent specialists, as well as shortlisting specialist
names (in the case of no committee in charge) before
submitting to the Board of Governors for approval.
Remuneration
1. Examined the remuneration and payment procedure
before submitting to the Board of Governors for
approval, as follows:
• Remuneration for the BoG, subsidiaries’ Board of
Directors, committee members, specialists and
working groups
• Criteria for remuneration and annual salary increase
for executives and employees
• Annual remuneration for SET President
2. Analyzed and presented views on SET’s reorganization,
executives transfer and appointment, in accordance
with SET’s business plan and objectives
The committee assessed itself annually through
the Nomination and Remuneration Committee Self-
Assessment form. The 2014 results indicated that the
performance was “good”.
The Nomination and Remuneration Committee
viewed that the composition of the committee, as well
as the top executives’ recruitment procedure and
criteria were appropriate and efficient. In addition, the
remuneration criteria for the Board directors, committee
members, specialists, working groups and executives
were suitable for their duties, experiences and
responsibilities, in accordance with the SET’s corporate
governance and best practice guidelines.
The Stock Exchange of Thailand (SET)’s Board of Governors (BoG) appointed the Nomination
and Remuneration Committee consisting of five committee members. More than half of the
committee members were not in the SET management team, including the chairperson. The
committee was chaired by Pattera Dilokrungthirapop, and the four members were Jotika
Savanananda, Suthichai Chitvanich, Suthep Peetakanont, and Kesara Manchusree.
In 2014, the committee held 9 meetings. The committee has completely performed its
duties under the scope of responsibilities specified in the Charter. The attendance record of
the committee member is shown in the Corporate Governance Report.
Pattera Dilokrungthirapop
Chairperson
Nomination and Remuneration Committee
February 2, 2015
The summary of key activities in 2014 is as follows:
Nomination
Performance assessment: