Page 68 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCINg FINANCIAL
66 EXIM BANK MALAYSIA ANNUAL REPORT 2022 TO SERVE TO LEAD GROWTH SUSTAINABILITY gOVERNANCE STATEMENTS 67

STATEMENT OF CORPORATE GOVERNANCE

Board Risk Committee (BRC) (ii) Supporting the Board in overseeing matters relating to
the remuneration policy and packages for the Directors,
The BRC’s main function is to support the Board in managing SC members, P/CEO and Senior Management of the
risks in line with BNM’s Policy Document on Risk Governance Bank including various incentives or retention schemes
and to oversee Management’s activities in managing risks implemented by the Bank.
with respect to credit, market, liquidity and other risks while
ensuring that the risk management process is in place and The NRC comprises three (3) members (including the NRC
functioning. Chairman) majority of whom are INEDs and is chaired by an
INED. Details of Terms of Reference of NRC is available on
The BRC comprises of four (4) members (including the BRC the Bank’s corporate website at https://www.exim.com.my.
Chairman) majority of whom are INEDs and chaired by an
INED. Details of Terms of Reference of BRC is available on The NRC held sixteen (16) meetings during the financial
the Bank’s corporate website at https://www.exim.com.my. year 31 December 2022. Members of the NRC and
details of the meeting attended by the members are
The BRC met twelve (12) times during the financial year stated on pages 66 to 67 of this Annual Report.
ended 31 December 2022. Members of the BRC and
details of the meeting attended by the members are Board Tender Committee (BTC)
stated on pages 66 to 67 of this Annual Report.
The BTC is primarily to provide the necessary oversight over
Nomination and Remuneration Committee (NRC) the Bank’s procurement process in line with the Approving
Authorities and Authority Limits (AA) and compliance with the
The NRC primary objectives are as follows: Procurement Policy of the Bank to ensure the highest ethical
standards, compliance to legal and regulatory requirements,
(i) Providing a formal and transparent procedure and
and strong governance of the procurement activities.
support to the Board in carrying out its function in
overseeing the following matters concerning the The BTC comprises three (3) members, a majority being
Board, Board Committees, Directors, SC, P/CEO and INEDs and chaired by an INED. Details of Terms of Reference
Senior Management: of BTC is available on the Bank’s corporate website at
https://www.exim.com.my.
(a) Appointments, reappointments and removals.
(b) Composition. During the financial year ended 31 December 2022,
(c) Performance evaluation and development. the BTC met three (3) times. Members of the BTC and
(d) Fit and proper assessments.
details of the meetings attended by the members are
stated on pages 66 to 67 of this Annual Report.

Board and Board Committees Attendance
Details of attendance of each Director at the Board and respective Board Committees meetings during the financial year ended
31 December 2022 are as follows:

Number of Meetings
Name of Directors Board Meetings BCC BRC NRC BAC BTC
Held Attended Held Attended Held Attended Held Attended Held Attended Held Attended
Directors
Dato’ Azman Mahmud (DAM) 14 14 - - - - - - - - - -

% of attendance 100% n/a n/a n/a n/a n/a
Datuk Dr. Syed Muhamad
Syed Abdul kadir (DSM) 3 14 14 9 9 8 8 16 16 9 9 2 2
% of attendance 100% 100% 100% 100% 100% 100%
Datuk Bahria Mohd Tamil
(DBMT) 4 14 13 17 17 12 11 16 16 - - 3 3

% of attendance 93% 100% 92% 100% n/a 100%