Page 148 - Thailand Post Annual Report 2024

Part 1
Overview of the Organization
Part 2
Business Trends
Part 3
Business Model
Part 4
Strategies and Resource Allocation
Part 5
Risk
Part 6
Corporate Governance
Part 7
Operating Results
Part 8
Other Information
Report of THP Director Nomination and Remuneration Subcommittee
THP Board of Directors has appointed THP Director Nomination and Remuneration Subcommittee in accordance with the Principles and Guidelines on Good Corporate Governance for State Enterprises, B.E. 2562 (2019) and guidelines, to perform the duty of consideration, screening information and proposing the consideration guidelines to THP Board of Directors in relation to rules and procedures for nominating directors who are not ex-officio ones as well as consideration of appropriate evaluation criteria and remuneration structure for THP directors.
THP Director Nomination and Remuneration Subcommittee is responsible for defining procedures, rules, competencies, and skill matrix of THP Board of Directors in line with business strategy and beneficial to THP. These are used as a guidance for the consideration of recruiting qualified persons and without prohibited characteristics in accordance with the Standard Qualifications of Directors and Employees of State Enterprise Act, B.E. 2518 (1975), as amended and in accordance with the State Enterprise Policy Committee’s letter (Kor Khor. 0824/Wor 1137) dated 30 November 2023, regarding the guidelines for appointing
members of state-owned enterprise boards under the State Enterprise Governance and Management Development Act B.E. 2562 (2019). A list of qualified persons to be appointed as THP directors will be proposed to THP Board of Directors for approval before proceeding in accordance with related laws and regulations. THP Director Nomination and Remuneration Subcommittee is also responsible for determining the structure of remuneration, including other benefits of THP directors and subcommittees appropriately, considering a list of persons who are qualified to be nominated as directors of THP’s associated companies, and also considering and screening the recruitment and selection of persons who are qualified to hold the positions of Chief Officer and Senior Executive Vice President, which are not within the specific authority of any sub-commissions, subcommittees or other working groups to consider, as well as evaluating the performance and remuneration of those holding such positions before submitting the results to THP Board of Directors for approval.
THP Director Nomination and Remuneration Subcommittee as at 31 December 2024 consists of :
1. Professor Parichart Sthapitanonda, Ph.D.
Chairman
2. Seree Nonthasoot, Ph.D.
Member
3. Assistant Professor Ake Pattaratanakun, Ph.D.
Member
4. Senior Executive Vice President (Administration)
Secretary
5. Vice President of Secretarial & General Administration Department Assistant Secretary
In 2024, THP Director Nomination and Remuneration Subcommittee convened 8 meetings upon the relevant agendas. The important subject matters which were proposed to THP Board meeting for approval are as follows :
Consideration of the selection guidelines and procedures for appointment to the position of THP and THPD directors, in case of filling vacant positions and reappointing those who have left their positions by the end of their term, for 2024.
➋ Approval of review of the THP Director Nomination and Remuneration Subcommittee’s charter; policies and guidelines for director recruitment in 2024; and review of the skills, knowledge, and expertise of THP Board of Directors (Skill Matrix) in 2024.
➌ Approval of the nomination of Waraporn Kongkiewphan, Ph.D., Chief Corporate Strategy Officer be delegate to serve as a director of the Board of National Digital ID Co., Ltd. (NDID)
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146 Thailand Post Company Limited