SET Annual Report 2014

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The SET Board of Governors continues to focus on
maintaining high standard of corporate governance,
which is fundamental to the operation of the Exchange
creating confidence among stakeholders in the Thai
capital market. The BoG has assigned the Corporate
Governance and Social Responsibility Committee to
consider and examine the CG and social responsibility
of listed companies as well as SET, and report to the
BoG regularly.
SET realizes the importance of succession planning
to ensure the work progress and continuation of the
SET president’s position and other top executives. The
process to select a successor is clear and transparent,
considering the background, competency, ethics,
leadership skills and vision of the candidates. Results
of the succession planning process have been reported
to the Board regularly. The Leadership Development
Program has been set up, as part of the succession
plan, to screen, select, develop and maintain executives
with potential ready to manage the organization with
competitive capabilities in the future.
(4) Corporate Governance (3) Succession planning
• Policies and guidelines
of Corporate Governance
SET policies and practices relating to CG are in line
with international standard, with guidelines for business
operations as well as for SET governors, executives,
and employees. Some samples of SET policies and
practices are as follows:
1. SET CG Policies
2. SET Code
of Conduct
3. Trading of
SET-listed securities
by SET governors
and employees
SET governors, management and employees to perform their duties strictly by following
SET CG policies and practices so that the SET group will be widely accepted and become
a role model for other organizations in the Thai capital market.
To make sure SET governors, committee members, advisors and employees understand
and follow the Code of Conduct, having received the documents from the first day of
work at SET. Every new employee must sign the intent to follow the Code of Conduct.
To make it clear and transparent, while building trust among stakeholders, there has
been guidelines of best practice for governors and staff to follow strictly. This means
investment must be made in all fairness and honesty, not using authority or inside
information to seek benefits.
More information on the SET policies and practices, as described above, can be found on the SET website: