Board Committees
Audit Committee
The primary duties of the audit committee of our Company are mainly to make recommendations to our Board on the appointment and dismissal of the external auditor, review the financial statements and material, and provide advice in respect of financial reporting and oversee the internal control procedures of our Company.
Remuneration committee
The primary functions of the remuneration committee of our Company are to make recommendations to our Board on the overall remuneration policy and the structure relating to all Directors and senior management of our Group, review performance-based remuneration and ensure none of our Directors determine their own remuneration.
Nomination committee
The primary functions of the nomination committee of our Company are to review the structure, size and composition (including the skills, knowledge and experiences) of our Board at least annually and make recommendations to our Board on any proposed changes to our Board to complement our Company’s corporate strategy; identify individuals suitably qualified as potential board members and select or make recommendations to our Board on the selection of individuals nominated for directorships; to assess the independence of INEDs; and make recommendations to our Board on the appointment or re-appointment of Directors and succession planning of Directors, in particular that of our chairman and the chief executive officer.
Risk management committee
The primary duties of our risk management committee are to advise our Board on risk-related issues; to oversee risk management framework to identify and deal with the risks faced by our Company such as business and financial risks; to review risk reports and breaches of risk policies; and to review the effectiveness of our Company’s risk control/mitigation tools.
| Directors | Committees | Duties | |||
| Audit Committee | Remuneration Committee | Nomination Committee | Risk Management Committee | ||
| Mr. Lee Chi Hung | Member | Chairman | Chairman | Primarily responsible for overall strategic planning and policy formulation, business development as well as supervision of daily operations of our Group | |
| Ms. Lam Suk Yee Patricia | Primarily responsible for overall strategic planning, corporate governance, as well as supervision of financial and administrative aspects of our Group | ||||
| Mr. Leung Ping Kwan | Primarily responsible for supervising and providing judgment to the Board | ||||
| Dr. Liu Yuk Shing | Member | Member | Member | Member | Primarily responsible for supervising and providing independent judgment to the Board |
| Mr. Tai Kwok Leung, Alexander | Chairman | Member | Member | Member | Primarily responsible for supervising and providing independent judgment to the Board, particularly with regard to the financial aspects of our Group |
| Mr. Kwan Cheuk Kui | Member | Chairman | Member | Member | Primarily responsible for supervising and providing independent judgment to the Board |