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About CPF

Board of Directors

As of 11 May 2017, CPF’s Board of Directors consisted of the following 15 directors:

01

Mr. Dhanin Chearavanont

Chairman

02

Mr. Prasert Poongkumarn

Vice Chairman

03

Mr. Min Tieanworn

Vice Chairman

04

Mr. Chingchai Lohawatanakul

Vice Chairman

05

Mr. Adirek Sripratak

Vice Chairman

06

Dr. Chaiyawat Wibulswasdi

Director (1)

07

Emeritus Professor Supapun Ruttanaporn

Director (1)

08

Professor Dr. Pongsak Angkasith

Director (1)

09

Mr. Rungson Sriworasat

Director (1)

10

Pol. Gen. Phatcharavat Wongsuwan

Director (1)

11

Mr. Phongthep Chiaravanont

Director

12

Mr. Pong Visedpaitoon

Director

13

Mrs. Arunee Wacharananan

Director

14

Mr. Sooksunt Jiumjaiswanglerg

Director

15

Mr. Sukhawat Dansermsuk

Director

The Roles and Responsibilities of the Board of Directors

  • to perform its duties in accordance with the laws, the Company's objectives and Articles of Association, as well as resolutions of shareholders meetings, with due accountability, care and integrity;
  • to determine the major policies for business operations, as well as the policies relating to finance, mobilization of funds, funds management and management of the Company's risks, and to supervise the management for the implementation of these policies in an efficient and effective manner;
  • to consider and approve the Company's vision and mission, and cause a review thereof every year;
  • to consider and approve the Company's objectives, strategies and business plans, as well as conduct a review thereof every year, and to monitor the results of the implementation of those prescribed plans;
  • to consider and approve matters other than those which are within the authority delegated to the President, or matters which must be approved by the Board of Directors or a shareholders meeting as prescribed by the law or the relevant rules or procedures of the Company;
  • to set up an internal control system covering the areas of business operations, financial reporting and compliance with the laws and the Company's rules, policies and procedures. In this regard, the Internal Audit Office has the duty to audit the compliance with this internal control system, and make a report to the Audit Committee. The Board of Directors will evaluate the risk management system and assess the adequacy and appropriateness of the internal control system on a yearly basis, and will review the significant systems at least once a year. The Board of Directors will also provide its opinions thereon in the annual report;
  • to assess the compliance with the corporate governance policy and conduct a review thereof at least once a year;
  • to appoint the President, to supervise and ensure that the President performs his duties in accordance with the Company's corporate governance policy and the scope of authority delegated by the Board of Directors, and to conduct an annual evaluation of the President's performance in order to support the determination of his remuneration;
  • to appoint directors or executives to serve as directors of the subsidiaries in order to oversee their operations in accordance with their investment objectives;
  • to appoint the Company Secretary who is to be responsible for all matters as required by the law;
  • to appoint the Audit Committee, the Executive Committee and other committees, such as the Remuneration and Nominating Committee, in order to assist the Board of Directors in supervising the business with a view to achieving the prescribed objectives. The majority of the committee members shall be independent directors. The chairmen of the committees must be independent directors; and
  • to set up a plan for director and management development, as well as a succession plan.