Terms of Reference
The committee focuses on the following tasks to identify and recommend candidates for the board’s approval to fill vacancies as and when they arise:
- Evaluate balance of executive and non-executive directors including independent directors and those representing minority interests with requisite range of skills, competencies, knowledge, experience and approach so that the Board as a group includes core competencies and diversity considered relevant in context of the Company’s operations.
- Consider candidates on merit with due regard for benefits of diversity on the Board taking care that appointees have enough time available to devote to their positions.
- Identify and nominate for approval of the Board, candidates to fill vacancies as and when they arise.
- Oversee the development and implementation of a board induction process for new directors and a program of continuing director development as needed.