Committees

Management Committees

Credit and Products Committee (CPC)
1. Chief Operations Officer, Chairman
2. Senior Finance Manager, Member
3. ICT Manager, Member
4. Operations Manager, Member
5. Marketing and Projects Manager, Member
Roles and Responsibilities
  • Review credit policy, procedures, pricing, market and competition, credit risks, and compliance with regulations;
  • Review the quality of products and services to ensure they are suited with the market need and competition status within the industry;
  • Review the products policy, procedures, pricing, feature and specifications, product risk, and documents proposed by the responsible department(s);
  • Review and analyze reports related to products and marketing research;
  • Initiate and discuss new ideas on products development; and
  • Perform other tasks assigned by Executives.
Remuneration Committee (RC)
1. Chief Operations Officer, Chairman
2. Chief Financial Officer, Member
3. Senior Finance Manager, Member
4. Senior HR & Admin Manager, Member
Roles and Responsibilities
  • Review HR policies and other laws and regulations related to remuneration for employees;
  • Review annual salaries and benefits for employees proposed by the management;
  • Review all proposals for staff promotion, rotation, and the succession plan;
  • Discuss the measurement for staff disciplinary actions including termination, demotion and transfer;
  • Review the recruitment plan by quarter;
  • Review and discuss the best strategy for staff capacity buildings, etc; and
  • Perform other staff compensations and matters related tasks assigned by Executives.
MIS & ICT Committee
1. Senior Finance Manager, Chairman
2. ICT Manager, Member
3. Operations Manager, Member
4. Marketing & Projects Manager, Member
Roles and Responsibilities
  • Review the current systems/ technologies to ensure the effectiveness of software support;
  • Review and discuss the effective procedures for security to the system including back up and disaster recovery plans;
  • Review and provide recommendation for significant hardware specification and ICT infrastructure;
  • Participate in reviewing and rectifying the software requirements from various departments to ensure standard report format and process;
  • Review all reports to ensure they are simplified and standardized;
  • Review the effectiveness of implementing ICT policies and procedures and discuss on the updating proposal; and
  • Perform other tasks assigning by Executives.
Procurement Committee (PC)
1. Senior HR & Admin Manager, Chairman
2. Senior Finance Manager, Member
3. ICT Manager, Member
Roles and Responsibilities
  • Review the quotations and recommend the award of contract for any purchase of goods or services in accordance with procurement procedures stated in Finance and Accounting Manual;
  • Review the quotations based on the selection criteria stated in the Finance and Accounting Manual;
  • Develop a Term of Reference (ToR) for any purchases of goods or services having technical complexity; and
  • Perform other procurement related tasks assigned by Executives.

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