Page 166 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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(i) In performing its duties, if the Audit Committee The Executive Committee
discovers or suspects that any of the following As of 6 May 2022 the Executive Committee was
transactions or actions may materially affect the composed of five members, as follows:
Company’s financial position and performance, 1. Mr. Bunyong Visatemongkolchai
the Audit Committee shall report such issue to The Chairman of the Executive Committee
the Board of Directors for rectification within a 2. Mr. Satorn Topothai
Bangkok Commercial Asset Management Public Co., Ltd.
period of time the Audit Committee deems fit: Executive Director
(1) Transactions which create a conflict of 3 Mr. Vichan Amornrojjanawong
interest; Executive Director
(2) Frauds or irregularities or crucial defective 4. Mr. Pisit Serewiwattana
issues in the internal control system; or Executive Director
(3) Breaches of the Securities and Exchange 5. Chief Executive Officer
Act, the SET’s regulations or the laws that Executive Director and Secretary
are related to the Company’s business.
Chief Executive Officer serves as the Executive
If the Board of Directors fails to cause the issue Director and Secretary to the Executive Committee and
to be rectified within the said time period, any of Executive Vice President, Corporate Supporting Group,
the Audit Committee members may report such serves as Assistant Secretary.
transactions or acts to the SET or the SET.
(j) Approve the Internal Audit Department’s The scope of the Executive Committee’s authority
charter and yearly auditing plan and budget. and duties is subject to the Company’s Notification on
(k) Establish the Auditor Committee Charter that the Executive Committee Charter, dated 4 November
aligns with the scope of responsibilities of 2022, as follows:
the Audit Committee over the Company’s (a) Determine the main goals and policies for
operation, which must be approved by the Company’s operation.
the Board of Directors, and review the (b) Consider and approve the Company’s policies,
appropriateness of such charter at least once strategies, and guidelines for fund raising,
a year. investment, joint venture, risk management,
(l) Perform any other duties as prescribed by asset development and resolution, and disposal
the laws, rules and/or regulations applicable of and procurement of benefits from NPAs in
to the Company or as assigned by the Board accordance with the economic condition and
of Directors under the scope of duties and competition.
responsibilities of the Audit Committee. (c) Consider and evaluate the appropriateness of
(m) In performing its duties under the Charter, the Company’s liquidity management plan,
the Audit Committee is directly accountable monitor the Company’s liquidity condition,
to the Board of Directors, and the Board of review the liquidity management plan, and
Directors remains accountable to the third evaluate the severity of the problems and
parties for the Company’s operation. give the instruction for solving those problems
in accordance with the guideline for liquidity
management during crisis.
(d) Consider the Company’s budget plan and
supervise and ensure that the Company’s
operation is efficient and creates the maximum
benefits.