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Annual Report
2015
5) Assessment of the skills, knowledge and abilities of the
board members was to determine the diversity of the governors’
skills, experiences and talents. The assessment of
the skills, knowledge, and special abilities of the governors
was separate from their self-assessment and the results were not
included in the calculations of points in the board evaluations.
For the 2015 performance evaluation of the entire Board and
the performance evaluation of the individual governors, including
comments or suggestions obtained from the evaluation, the
Corporate Governance and Social Responsibility Committee
prepared a summary of the results of the evaluation and
presented to the SET Board of Governors for further improvement
and development.
Performance evaluation of committees
Every committee involved in corporate governance has the
duty to assess its own performance and report to the Board of
Governors annually. In 2015, the Audit Committee, the Nomination
and Remuneration Committee, the Corporate Governance and
Social Responsibility Committee and the Risk Management
Committee each evaluated their performance and submitted
the report to the SET Board of Governors.
Board remuneration
Subject to the provisions of the Securities and Exchange
Act, the BoG Chairman and other BoG members will receive
remuneration as determined by a meeting of member companies.
This ensures that all payments are decided transparently and
without the BoG’s involvement.
The Nomination and Remuneration Committee
examined the compensation policy and criteria for the BoG prior
to proposing to a member companies’ meeting for approval, in
accordance with the provisions of the Securities and Exchange
Act, Section 177.
The BoG members received monthly remuneration as
approved by the annual general meeting of member companies.
Board members who were also on other committees received
additional remuneration as approved by the BoG to reflect their
duties and responsibilities.
Remuneration
BoG
Audit
Committee
Nomination
and
Remuneration
Committee
Corporate
Governance
and Social
Responsibility
Committee
Risk
Management
Committee
Other
committees
Monthly fees (THB)
- Chairman
117,000
75,000
52,500
52,500
52,500
-
- Members
78,000
50,000
35,000
35,000
35,000
-
Meeting allowance (THB / meeting)
- Chairman
-
-
-
-
-
15,000
- Members
-
-
-
-
-
10,000