Page 192 - BAM ONE REPORT 2564 (ENGLISH VERSION)

190 Part 2
Corporate Governance

Report of the Executive Committee

The Executive Committee, appointed by the Board of Directors to support the operation of the Board
of Directors, is composed of three directors of the Company and one outsider, with Chief Executive Officer
serving as the ex officio committee member and secretary. List of the Executive Committee is as follows:
1. Mr. Bunyong Visatemongkolchai Chairman of the Executive Committee
2. Mr. Satorn Topothai Executive Committee Member
3. Mr. Vichan Amornrojjanawong Executive Committee Member (outsider)
4. Mr. Bundit Anantamongkol Executive Committee Member and Secretary

In 2021, the Executive Committee arranged a total of 45 meetings to consider the matters under the scope of
duties and responsibilities as specified in the Executive Committee Charter and as assigned by the Board of Directors,
with significant operations as follows:
• Considered, screened and gave opinion on the appropriateness of the Company’s strategies, operational
plans, annual budgets, and business operation targets before proposing for the Board of Directors’ consideration
and approval, and monitored the progress of operation against the plans on a quarterly basis, as well as
provided useful advice on management and operation under the strategic plan.
• Considered, screened and gave opinion on the form of investment and expansion of business scope of the
Company.
• Considered, screened and gave opinion on the reorganization before proposing for the Board of Directors’
consideration and approval.
• Considered and approved the debt restructuring and sales of NPAs within its scope of authority, and
screened the cases that are under the authority of the Board of Directors before proposing for the Board
of Directors’ consideration.
• Considered and approved the auction prices for assets (NPLs and NPAs) to be purchased from financial
institutions as authorized by the Board of Directors, and gave advice to the management regarding
guidelines on portfolio management, market analysis and strategy adjustment to increase the opportunity
for competition.
• Considered and approved the issue of quarterly financial statements.
• Considered and approved the amount, interest rate, period, terms and conditions, and others as deemed
appropriate for the issue and sale of debentures as authorized by the Board of Directors.
• Considered and approved the budget for main projects under the IT Master Plan as authorized by the
Board of Directors, and gave advice on IT management to enhance operational efficiency and competitiveness
in the digital disruption era.
• Considered and approved the marketing promotions/campaigns/projects to promote and support sales of
NPAs and debt restructuring.
• Considered and gave advice on the liquidity management, and continuously monitored the Company’s
liquidity position.