Nomination and Remuneration Committee


Nomination and Remuneration Committee Guidelines


The Company has established the Nomination and Remuneration Committee based on the letter of the Board of Commissioners of the Company No. AAID/SKDK/2-2018/002 dated 6 Maret 2018, with the following membership composition:

Kamarudin bin Meranun
56 years
Malaysian Citizen
Chairman of Nomination and Remuneration Committee
Terms of Office 5 (five) years
Appointment Basis Board of Commissioners Decree No. AAID/SK-DK/2-2018/002
Educational Background As disclosed in Profile of the Board of Commissioners on page 63 of Annual Report
Professional Experience As disclosed in Profile of the Board of Commissioners on page 63 of Annual Report

Pin Haris
48 years
Indonesian Citizen
Member of Nomination and Remuneration Committee
Terms of Office 5 (five) years
Appointment Basis Board of Commissioners Decree No. AAID/SK-DK/2-2018/002
Educational Background As disclosed in Profile of the Board of Commissioners on page 62 of Annual Report
Professional Experience As disclosed in Profile of the Board of Commissioners on page 62 of Annual Report

Sandy Wiwanto
45 years
Indonesian Citizen
Member of Nomination and Remuneration Committee
Terms of Office 5 (five) years
Appointment Basis Board of Commissioners Decree No. AAID/SK-DK/2-2018/002
Educational Background MBA Degree – HR Management, University of Gadjah Mada, 1990-1996
Professional Experience Head of People (Mary 2015 – present)
General Manager Human Resources, KFC (August 2014-April 2015)
Senior HR Business Partner, Merck Group (December 2013-July 2014)
HR Manager, Frigoglass (November 2011-December 2013)
HR Manager, PPI, Schott Igar Glass Indonesia (September 2009-November 2011)

Duties and Responsibilities

The Nomination and Remuneration Committee has the following duties and responsibilities:

  1. Related to Nomination function:
    1. Provide recommendations to the Board of Commissioners on:
      • Composition of the position of members of the Board of Directors and/or members of the Board of Commissioners;
      • Policy and criteria as required in the Nomination process; and
      • Performance evaluation policy for members of the Board of Directors and/or members of the Board of Commissioners;
    2. Assisting the Board of Commissioners to evaluate the performance of members of the Board of Directors and members of the Board of Commissioners on benchmarks basis that have been prepared as an evaluation material;
    3. Provide recommendations to the Board of Commissioners regarding the capacity building program for members of the Board of Directors and/or members of the Board of Commissioners; and
    4. Provide proposal of potential candidate as members of the Board of Directors and/or members of the Board of Commissioners to the Board of Commissioners to be submitted to the GMS.
  2. Related to Remuneration function:
    1. Provide recommendations to the Board of Commissioners on:
      • Remuneration structure in the form of salary, honorarium, incentive; and/or fixed or variable benefits
      • Remuneration policy; and
      • Amount of Remuneration
    2. Assisting the Board of Commissioners to conduct performance appraisals with the completion of remuneration received by each member of the Board of Directors and/or members of the Board of Commissioners.

Implementation of 2017 Nomination and Remuneration Committee Actitivies

Related to Nomination function:

  1. Provide recommendations to the Board of Commissioners on:
    • Composition of the positions of members of the Board of Directors and/or members of the Board of Commissioners;
    • Policies and criteria required in the Nomination process; and
    • Performance evaluation policy for members of the Board of Directors and/or members of the Board of Commissioners;
  2. Assisting the Board of Commissioners to evaluate the performance of members of the Board of Directors and members of the Board of Commissioners on the basis of benchmarks that have been prepared as evaluation materials;
  3. To provide recommendations to the Board of Commissioners on the capacity building program for members of the Board of Directors and / or members of the Board of Commissioners; and
  4. Provide proposals of eligible candidates as members of the Board of Directors and/or members of the Board of Commissioners to the Board of Commissioners to be submitted to the GMS.

In implementing such Remuneration function the Nomination and Remuneration Committee shall enact the following procedures:

  1. To prepare the Remuneration structure for members of the Board of Directors and/or members of the Board of Commissioners;
  2. Prepare a policy on Remuneration for members of the Board of Directors and/or members of the Board of Commissioners; and
  3. Arrange the amount of Remuneration for members of the Board of Directors and/or members of the Board of Commissioners.

Nomination and Remuneration Committee Meeting

In 2017 the Nomination and Remuneration Committee has not yet conducted any meetings as the Company is established at the end of December 2017.