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To be a leading value-oriented integrated energy company in Asia-Pacific

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Role and Responsibilities of the Risk Management Committee

The Risk Management Committee consists of directors who are appointed by the Board of Directors. Their names are listed below. Mr. Pairot Janjungjit, Director – Corporate Planing and Systems Development Division , acts as the Committee’s secretary.

Education / Important Trainings

  • Master of Arts, Urban Studies, Long Island University, United States of America
  • Bachelor of Arts (Political Science), Kasetsart University
  • The National Defence Course, Class 61 (2018), The National Defence College of Thailand
  • The Executive Program in Energy Literacy for a Sustainable Future, Class 7 (2015), Thailand Energy Academy
  • Corporate Governance for Directors and Senior Executives of Regulators, State Enterprises and Public Organizations, Class 10 (2012), King Prajadhipok’s Institute
  • E-Government Executive Program (e-GEP), Class 2 (2012), Digital Government Development Agency (Public Organization)
  • Strengthen Ministry Inspector General Skills (2010), Office of the Civil Service Commission and Office of the Permanent Secretary, Prime Minister’s Office
  • The Civil Service Executive Development Program: Visionary and Moral Leadership, Program 1, Class 66 (2009), Office of the Civil Service Commission

Training Related to Roles of a Director

  • Director Certification Program (DCP 248/2017), Thai Institute of Directors Association
  • Director Accreditation Program (DAP 142/2017), Thai Institute of Directors Association

Work Experiences in the Previous 5 Years and / or Important Positions

  • 2017 - 2018 Deputy Permanent Secretary, Ministry of Energy
  • 2009 - 2017 Inspector General, Ministry of Energy

Director / Other Positions at Present

Other Listed Companies

  • None

Non-listed Organizations

  • 2019 - Present Director, EGAT
  • 2019 - Present Chairman of the Corporate Governance and Social Responsibility Committee, EGAT
  • 2019 - Present Chairman of the Governor Nomination Committee, EGAT
  • 2019 - Present Chairman of the Deputy Governor and Assistant Governor Nomination Committee, EGAT
  • 2019 - Present Chairman of the Executive Committee, EGAT
  • 2018 - Present Director-General, Department of Energy Business, Ministry of Energy

Notes: EGAT stands for Electricity Generating Authority of Thailand

Education / Important Trainings

  • Master of Engineering (Nuclear Technology), Chulalongkorn University
  • Bachelor of Engineering (Metallurgical Engineering), Chulalongkorn University
  • Advanced Certificate Course in Public Administration and Public Law, King Prajadhipok’s Institute
  • Advanced Certificate Course in Promotion of Peaceful Society, King Prajadhipok’s Institute
  • Senior Executive Development Program-2, Foundation for International Human Resource Development
  • Masterful Coaching Workshop, Hay Group
  • EGAT Newly-Promoted Executive Orientation Program (ENOP)
  • EGAT Senior Executive Program (ESEP)
  • EGAT Director Development Program (EDDP)
  • EGAT Successor Development Program (ESDP)

Training Related to Roles of a Director

  • Risk Management Program for Corporate Leaders (RCL 16/2019), Thai Institute of Directors Association
  • Director Certification Program (DCP 186/2014), Thai Institute of Directors Association

Work Experiences in the Previous 5 Years and / or Important Positions

  • 2018 - 2020 Independent Director, Investment Committee Member, and Human Resources and Remuneration Committee Member, RATCH Group Public Company Limited
  • 2017 - 2019  Public Sector Audit and Evaluation Committee, Ministry of Energy
  • 2013 - 2016   Deputy Governor-Power Plant Development, EGAT

Director / Other Positions at Present

Other Listed Companies

  • None

Non-listed Organizations

  • None

Notes: EGAT stands for Electricity Generating Authority of Thailand

Education / Important Trainings

  • Master of Business Administration, Chiang Mai University
  • Bachelor of Economics, Sukhothai Thammathirat Open University
  • Bachelor of Laws, Ramkhamhaeng University
  • Bachelor of Engineering (Electrical Engineering), Chulalongkorn University
  • Advanced Certificate Course in Politics and Governance in Democratic Systems for Executives, King Prajadhipok’s Institute
  • Advanced Management Program, Harvard Business School, United States of America
  • Advanced Certificate Course in Public Economics Management for Executives, King Prajadhipok’s Institute
  • Certificated, Senior Command Course, Institute of Police Administration Development
  • Senior Executive Development Program, Foundation for International Human Resource Development
  • Financial for Executive Decision Program, Continuing Education Center, Chulalongkorn University

Training Related to Roles of a Director

  • Financial Statement for Directors (FSD 40/2019), Thai Institute of Directors Association
  • Director Certification Program (DCP 164/2012), Thai Institute of Directors Association

Work Experiences in the Previous 5 Years and / or Important Positions

  • 2013 - 2017 Deputy Governor-Transmission System, EGAT

Director / Other Positions at Present

Other Listed Companies

  • None

Non-listed Organizations

  • 2019 - Present Director, EGAT
  • 2019 - Present Chairman of the Human Resources Committee, EGAT
  • 2019 - Present Chairman of the EGAT’s Governor Remuneration Subcommittee, EGAT
  • 2019 - Present Director of the Executive Committee, EGAT(1)
  • 2019 - Present Director of the Deputy Governor and Assistant Governor Nomination Committee, EGAT

Notes: EGAT stands for Electricity Generating Authority of Thailand

The Risk Management Committee serves a term of three years. A director retiring by rotation may be re-elected. The Committee report directly to the Board of Directors and perform their tasks as assigned by the Board of Directors.

Duties and Responsibilities of the Risk Management Committee

  1. To review the Company’s risk management policy and framework, which would cover all the major risks; namely financial risk, investment risk, and corporate reputation risk, before proposing them to the Board of Directors for approval.
  2. To formulate risk management strategies and framework in compliance with the Company’s risk management policy. The Committee shall assess, monitor and control risk at the appropriate level.
  3. To monitor and ensure that risk management activities are in line with the Company’s policy and framework approved by the Board of Directors.
  4. To set risk measurement criteria and acceptable risk level.
  5. To set appropriate risk management measures to cope with different situations
  6. To review the adequacy and effectiveness of risk management policy and system as well as the compliance with the established policy.
  7. To report regularly to the Board of Directors about the management, operation, risk status, changes and areas of improvement to ensure the compliance with the Company’s policy and strategy.
  8. To appoint a risk management working group as necessary.
  9. To provide the risk management working group with necessary factors, such as personnel, budget and other resources as per the scope of their responsibilities.