63 / 196
61
Male
Female
CEO
Morethan
2
Less
than 1
1-2
90-100%
2
1
None
80-89%
70-79%
Non-
execuative
directos
11
10
9
8
7
6
5
4
3
2
1
0
Gender
Independence
of internal
management
Meeting attendance
rate (%)
Tenure as
SET governor
(number of years)
Directorship held
in listed companies
(number of firms)
Number of governors
5. Responsibilities of the Board of
Governors
The Board structure
The structure of the SET's Board of Governors adheres to
the Securities and Exchange Act, consisting of the followings:
Five governors have been appointed by the Securities and
Exchange Commission, each of them have a high expertise
and extensive experience in stock exchanges, securities
companies or financial businesses, at least one of them
is a senior executive of a listed company. These governors
are Chaiyawat Wibulswasdi, Jotika Savananada, Voravan
Tarapoom, Somchai Thaisa-Nguanvorakul, and Subhak
Siwaraksa.
Five governors have been elected at a SET members’
meeting, four of them being representatives from member
companies at the executive vice president position or higher,
namely Suthep Peetakanont, Charnchai Kongthongluck,
Pichet Sithi-Amnuai, and Chaipatr Srivisarvacha. The fifth
governor has been elected by a SET members’ meeting,
based on a name list nominated by SET’s Nomination
and Remuneration Committee, and not being managing
director, staff or employee of a member company, namely
Kitipong Urapeepatanapong.
The SET president, namely Kesara Manchusree. As an
ex-officio governor, the president has been appointed by
the ten previously-appointed governors.
The Board of Governors has elected one governor, excluding
the SET president, as chairman, namely Chaiyawat
Wibulswasdi. The chairman is independent from the
management having clearly separated authorities and duties.
Currently, the SET BoG is comprised of 11 members with
various experience, expertise and skills that are useful to SET.
The service term of every governor, other than the SET
president, is two years. Each governor may be re-appointed for
a maximum of two consecutive terms. The SET president’s term
is four years and he / she can be re-appointed.
In addition, the BoG has appointed Supakit Jirapraditkul
as BoG Secretary. The Corporate Secretary Department supports
the board by providing legal advice, keeping informed of key
regulations, good corporate governance practices, as well
as organizing meetings, taking care of board activities and
monitoring matters in compliance with the resolutions.