Page 85 - UBP - IR2020

CORPORATE GOVERNANCE
Composition
As per its Charter the Committee
Committee
shall consist of of an an equal number of of Executive Executive and Non-Executive Directors The Committee
Committee
is is constituted as follows:
François Boullé (Chairman) Christophe Quevauvilliers (Member) Kalindee Ramdhonee (Member) Stéphane Ulcoq (Member) The Chairman is is a a a a a Non-Executive Non-Executive Director Director Mrs Ramdhonee is is an an Independent Non-Executive Non-Executive Director Director while the two Executive Executive Executive Directors are the the the the Group Group CEO and the the the the Group Group CFO the the the the latter also acting as the the the the Chief Risk Officer The Committee
met two times during FY2020 mainly to:
• review the Group’s insurance policies to ensure adequate coverage • discuss the the risk monitoring exercise within the the Group • discuss and and and recommend the appointment of a a a a a a Risk and and and Compliance Officer and and and • discuss and agree on on the Information Technology Disaster Recovery Plan (DRP) Attendance
The attendance record of of Committee
meetings for the year under review is is as shown on page 86 A quorum of of three members is is currently required for a Committee
meeting Remuneration
The remuneration of of of the the the the Chairman and of of of each member of of of the the the the Committee
(excluding the the the the two Executive Directors) for the the the the year ended June 30 2020 amounted to Rs Rs Rs Rs 75 75 000 000 000 000 (2019: (2019: Rs Rs Rs Rs 75 75 000) 000) and Rs Rs Rs Rs 50 50 000 000 000 000 (2019: (2019: Rs Rs Rs Rs 50 50 000) 000) respectively UBP INTEGRATED REPORT 2020 - 85
FINANCIAL CAPITAL CORPORATE MANAGEMENT STATEMENTS REPORTS GOVERNANCE
APPROACH
ABOUT US INTRODUCTION