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Nomination and Remuneration
Committee Report
Nomination
1. Recruited, screened and reviewed the nomination of the
SET senior executives qualified for positions at SET and
its subsidiaries. Screened and reviewed the specialist list,
for the case not under any particular committee, and then
seeked appointment approval from the BoG. Expressed
views concerning the appointment of permanent and
temporary experts.
2. Reviewed the annual Succession Plan for top executive
positions, in the Corporate Strategy & Finance Division
and Issuer & Listing Division.
3. Ascertained that the orientation session for the new governors,
and the knowledge enhancement for the current governors
be arranged.
Remuneration
Examined the remuneration before presenting the following
matters to the BoG for approval:
1. The policy, criteria and the remuneration to be granted to
the SET board of governors, committee members, and SET
subsidiaries’ board of directors appointed by SET BoG,
including experts/specialists and the SET working groups.
2. The SET’s employment remuneration structure.
3. The budget for annual salary rate adjustments and annual
rewards for SET employees.
4. The criteria concerning remuneration, salary adjustments,
including annual remuneration for SET president and top
executives.
Performance self-assessment:
The committee conducted the annual self-assessment
by using the Nomination and Remuneration Committee Self-
Assessment form. The 2015 results indicated that the performance
was “good”.
The Nomination and Remuneration Committee viewed that
the practice of the Committee was in line with the missions,
duties, experiences and responsibilities assigned to each member,
in accordance with the SET’s corporate governance and best
practice guidelines.
(Suthep Peetakanont)
Chairperson
Nomination and Remuneration Committee
February 11, 2016
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, including the chairperson, were not in the SET
management team. The committee was chaired by Suthep Peetakanont, and the four members were Jotika Savanananda, Chaipatr
Srivisarvacha, Voravan Tarapoom and Kesara Manchusree.
Voravan Tarapoom was appointed as a committee member, effective December 16, 2015, to succeed Suthichai Chitvanich,
whose term expired.
In 2015, the committee held 10 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.
The summary of key activities in 2015 is as follows: