| TERM OF REFERENCE | |
|---|---|
| Status | The Management Committee is an executive management committee established by the Chief Executive Officer from time to time, as he may deem necessary, for the purpose to discharge the relevant management issues across the Group. |
| Membership |
Classification
|
| As may be determined by the Chief Executive Officer based on the purpose for the establishment of the particular Management Committee. | |
| Primary Purpose |
To evaluate and make key operational decisions (except regulatory decisions)
and ensure that they are clearly communicated across the organisation.
|
| Responsibilities |
Responsibilities among others:
Review monthly management accounts, identify issues, and implement agreed-upon improvement measures. Review implementation progress of change management initiatives.
Approve IT projects and review implementation progress.
Review, approve, and ensure full implementation of Group performance management
system.
Review and decide on key human resources policies and decisions (manpower
planning, training and career development program, management succession plan)
Review progress of the Group’s marketing, business development, and other key
strategic initiatives
Carry out annual planning and budgeting exercise, and review annual corporate
plan submissions to the Board (corporate portfolio review, marketing plan, IT strategy, HR
strategy, financial plan and budget, regulations plan) – and quarterly review and analysis
Ensure that all key decisions by the Board and the Management are clearly
communicated across the organisation
Deliberate on any other management issues brought to its attention.
|
| Authority | Operational, day-to-day management decisions (excluding regulatory decisions). |
| Key Relationships | Board of Directors |
| Meeting & Reports |
As may be determined by the Chief Executive Officer.
|
| Appointment Process | Selected by the Chief Executive Officer. |