Management Committee

 

The Management Committee is comprised of nine directors as follows:

 

Name

Position

1.      Mr. Prachai Leophairatana          

Chairman of the Management Committee

2.      Dr. Pramuan Leophairatana        

Vice Chairman of the Management Committee

3.      Mrs. Orapin Leophairatana         

Vice Chairman of the Management Committee

4.      Mr. Prayad Liewphairatana         

Member of the Management Committee

5.      Miss Pattrapan Leopairut

Member of the Management Committee

6.      Mr. Pakor n Leopairut      

Member of the Management Committee

7.      Mr. Pakkapol Leopairut

Member of the Management Committee

8.      Ms. Nitawan Leophairatana

Member of the Management Committee

9.      Dr. Porakrit Leophairatana

Member of the Management Committee

 

Functions and Responsibilities of the Management Committee

The Management Committee was appointed by the Company’s Board of Directors at the Shareholders’ Meeting, to perform the following functions:

  1. To manage and determine the business strategies, targets and operational plans, financial objectives, and the budget of the Company by appropriately taking business factors into consideration and approval by the Board of Directors; in case circumstances change, the Management Committee shall review the use of the allocated budget to ensure that it is appropriate considering the circumstances. The Management Committee shall also undertake acts in line with the Company’s business strategies in compliance with the policies determined by the Company’s Board of Directors;
  2. To monitor the work performance of each department to ensure the efficient and effective compliance with the Company’s policies, business strategies, targets and operational plans, financial objectives, and budget of the Company as approved by the Board of Directors considering the business environment, and to provide advice and suggestions on management to the high-level management;
  3. To select and nominate the high-level management of the Company. In the initial stage, the Management Committee members shall consider persons who are fully qualified, and who possess the knowledge, skills and experience that are beneficial to the Company’s business operations. The names of these persons shall then be nominated for approval by the Company’s Board of Directors’; to specify the organizational structure and the management policy; to consider and monitor the succession plan for the management, and the workforce plans, as well as the rules for remuneration and evaluation criteria for work performance by the management;
  4. To appoint and remove employees of the Company from office, and to determine their rewards;
  5. To consider and provide suggestions or comments to the Board of Directors on proposed projects or the entering into of any transactions relating to the Company’s business, and to consider fund-raising options where necessary and greater than the allocated budget and/or the amount provided by the relevant laws, rules, and regulations, or the amount that the Articles of Association of the Company require that the Shareholders’ Meeting and/or are approved by the Board of Directors, as provided in the Articles of Association of the Company;
  6. To perform any acts relating to the general management of the Company. The Committee shall also have the authority and responsibilities as assigned by or as provided in the policy of the Board of Directors;
  7. To appoint and/or assign the members of Management Committee or any person(s) to act within the scope of the Management Committee as it deems appropriate, and within the scope provided in the Table of Authority as defined by the Board of Directors. The Management Committee has the right to revoke or amend such authority within its scope of authority.