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110 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) FoR BEttER GovERNANcE

STATEMENT ON
CORPORATE GOVERNANCE

BOARD INTEGRITY COMMITTEE Summary of the BIC’s Activities:
The Board Integrity Committee (BIC) was established Key issues deliberated by the BIC in 2022 were:
to assist the Board in overseeing the implementation of
integrity, anti-corruption and governance functions in i. Proposed Revision to the Terms of Reference (TOR) of
KWAP and/or KWAP Subsidiaries, as the case may be, BIC;
monitor related issues, and ensure adequate measures for ii. Proposal on Adoption of KWAP’s Anti-Corruption
integrity and good governance within the organisation. Policies by Subsidiaries; and
Membership
iii. Proposal on Integrity and Governance Office Initiatives
Currently, BIC comprises five Board members, namely a for 2023.
Chairman and four members who have been appointed by
the Board: BOARD RISK AND COMPLIANCE COMMITTEE
i. Dato’ Sri Mohd Shafiq Bin Abdullah - Chairman ; The Board Risk and Compliance Committee (BRCC)
1
was established to assist the Board in reviewing the
ii. Datuk Dr. Yacob Bin Mustafa - Member; risk management strategies, determining risk appetite,
reviewing the risk management framework, policies and
iii. Datuk Siti Zainab Binti Omar - Member; limits, reviewing risk exposures and overseeing the overall
risk management.
iv. Encik Abdul Rahman Bin Mohd Nordin - Member; and
Membership
v. YM Puan Raja Teh Maimunah Binti Raja Abdul Aziz -
Member 2 Currently, BRCC comprises five Board members, namely
a Chairman and four members who have been appointed
Two BIC meetings were held throughout the year 2022.
by the Board:
BIC Meeting Attendance: i. Dato’ Sri Sharifah Sofianny Binti Syed Hussain –
Chairman
No. Name Attendance
ii. Dato’ Azmi Bin Abdullah – Member
1 Dato’ Sri Mohd Shafiq Bin 2/2
Abdullah iii. Encik Adnan Zaylani Bin Mohd Zahid – Member
2 Datuk Dr. Yacob Bin Mustafa 1/1 iv. YM Puan Raja Teh Maimunah Binti Raja Abd Aziz -
3 Datuk Siti Zainab Binti Omar 2/2 Member
4 Encik Abdul Rahman Bin Mohd 2/2 v. Dato’ Anis Rizana Binti Mohd Zainudin @ Mohd
Nordin Zainuddin – Member 3
5 YM Puan Raja Teh Maimunah 1/1 Six BRCC meetings were held throughout the year 2022.
Binti Raja Abdul Aziz 2

1 Appointed on 15 March 2022 and resigned on 12 December 2022.
2 Appointed on 26 August 2022.
2 Appointed on 26 August 2022.