Succession Planning Committee

To ensure efficient management within the Company, 5 management-level committees – namely, the Succession Planning Committee, the Investment Committee, the Risk Management Committee, the Commodity Risk Management Committee, and the Sustainable Development Committee – have been established. These 5 management-level committees are obliged to report to the Audit Committee and the Board of Directors, accordingly.

The Succession Planning Committee is composed of:

– Chief Executive Officer (CEO)
– Chief Financial Officer (CFO)
– Head of Mining Business
– Head of Power Business
– Head of Human Resources
– Head of Corporate Development
– Head of Corporate Services
– Head of Global Internal Audit and Compliance

Roles and Responsibilities of the Succession Planning Committee

– To approve and drive the execution of Banpu high potential and succession planning management policy
– To identify and review high potential and potential successors of key positions by considering Banpu’s business requirements and/or the changes in organizational structure
– To consider and approve high potential and potential successor list
– To consider and approve career development of high potential and potential successors
– To monitor development plan implementation and review development progress of high potential and potential successors
– To review and decide on the adjustment of the succession plan management policy and system