Page 35 - Charn Issara Development Public Company Limited | Annual Report 2014

Annual Report 2014 33
Duty and responsibility of the Remuneration Committee
1. Establish guidelines and conduct performance appraisal on the
Board of Directors, Sub Committee and Managing Director on an
annual basis. The results of which shall be used for remuneration
consideration with reference to the agreed criteria with the
Managing Director which is subjective. This includes financial
results and works related to the long term operational strategy.
The report on performance appraisal shall be submitted to the
Board of Directors for consideration and the Chairman of the
Board of Directors shall inform the Managing Director of the
Board’s resolution.
Name Issara Position
1. Mr.Songkran
Chief Executive Officer and Managing Director / Acting Assistant Managing Director on
2. Mrs.Teeraporn Srijaroenwong Joint Venture Project / Acting Assistant Managing Director on Operational Support
3. Mr.Ditawat Issara Deputy Managing Director / Acting Assistant Managing Director on Project Manage-
ment and Development
4. Mr.Weerachai Wijittanakul
Assistant Managing Director on Business Development / Acting Assistant Managing
Director on Sales and Marketing
Acting Assistant Managind Director on Accounting and Finance
Responsibilities of the Chief Executive Officer
1. To be a chairman of all managers.
2. To approve all operation plan of every department.
3. Follow up the operation to conform the plan and assigned policy.
4. To approve any request from every department which over
power of them.
5. To approve investing plan or new business before submitting to
the board for approval.
6. To approve annual expense budget and over limit from budget.
7. To participate with another manager to divide reward which to
be approved from Board of Directors.
8. To consider merit, appointing, transferring, punishment,
discharging or recruiting managers.
9. Have power to assign to anybody as a temporary representative
when can not work together with the power to assign to another
person to do as per consideration.
10. The power to authorize for the above mention except the
approval of connected transaction as per definition of the office
of the securities and exchange commission. (SEC).
Remark : The aforementioned power assign to the representative
can not approve the connected transaction which may have conflict
of interest with the company or its subsidiaries.
Charn Issara Development Public Company Limited
2. Consider the remuneration for the Board of Directors, Sub
Committee and Managing Directors which include monthly
remuneration, meeting allowance, annual bonus for submission
to the Board of Directors and/or the shareholders’ meeting
for approval.
3. Perform any other works as may be assigned by the Board of
Directors in relation to the remuneration of Directors and senior
executive.
Management Team
The management team consisted of 4 persons as follow:-
The Company’s Secretary
To be in line with the corporate good governance the Board of
Directors has resolved to appoint Mrs.Suwanee Akkravarawong
as the Company’s Secretary since August 13, 2008 with roles and
responsibility in accordance with the Security and Stock Exchange
Act as follows:-
1. Responsible for the monitoring and giving advises to the Board
of directors and management on regulations to be followed on
the principles of good corporate governance.
2. Responsible for the arrangement of Board of Directors’ Meeting
and Shareholders’ Meeting including assisting the Board of
Directors to monitor the compliance with those resolutions
and arrange an orientation for the newly appointed directors.
3. The report and filing of the Company’s information such as
Director’s registration, notice and minutes of meeting, annual
report, reports on related transactions by Directors and
Managements and the filing of the copy of report on related
transactions in accordance with section 89/14 to the Chairman
of the Board of Directors and Chairman of the Audit Committee
within 7 days from the date the Company has been reported.
4. Coordinate with governing departments such as the Stock
Exchange of Thailand and oversee an accurate disclosure and
report to those governing departments and general public in
compliance with laws.
5. Coordinate with departments in the Company to follow the
Board’s and Shareholders ‘meeting resolutions.
6. Organize an orientation for newly appointed Director.