Annual Report 2017

77 8. Securities Investor Protection Fund Committee Support unit: Member Supervision Department Structure: Six members, consisting of one governor appointed by the SEC, one governor elected by SET members, one person elected by Securities Investor Protection Fund members, the Thai Investor Association president, the SET president or an executive delegated by the SET president, and the executive vice president - Market Supervision Division, who also serves as secretary. Term: In accordance with the rules of membership of the Securities Investor Protection Fund Name Position 1. Somchai Thaisa-Nguanvorakul, D.P.A.* Chairman 2. Prinn Panitchpakdi* Member 3. Pithayain Assavanig** Member 4. Vachira Na Ranong Member 5. The SET President or the executive delegated by the SET President Member 6. The Executive Vice President level responsible for Market Supervision Division Member and Secretary Responsibilities of the Securities Investor Protection Funds Committee are: 1. To determine fund management policies in securities or other assets, with possibilities of alternative investments to make profits 2. To examine all relevant facts and evidence concerning investor protection and report its findings to the SET BoG 3. To boost investor confidence in buying or selling securities traded on SET 4. To undertake any other responsibilities and activities assigned by the SET BoG * Term: 1 year ** Term: 2 years