Page 113 - KWAP_AR2022

FoR betteR GoveRnAnce Annual Report 2022 111

BRCC Meeting Attendance: BOARD NOMINATION AND REMUNERATION
COMMITTEE
No. Name Attendance
As a committee of the Board, Board Nomination
1 Dato’ Sri Sharifah Sofianny 6/6 and Remuneration Committee (BNRC) is generally
Binti Syed Hussain responsible to review, assess and where relevant, advise,
2 Dato’ Azmi Bin Abdullah 6/6 recommend and/or notify the Board in relation to the
matters as set out in the Terms of Reference of BNRC.
3 Encik Adnan Zaylani Bin 4/6 BNRC is accountable to the Board for its performance.
Mohamad Zahid
4 YM Puan Raja Teh Maimunah 6/6 Membership
Binti Raja Abd Aziz
Currently, BNRC comprises five Board members i.e.
5 Dato’ Anis Rizana Binti Mohd 2/2 a Chairman and the following four other members who
Zainudin @ Mohd Zainuddin 1 have been appointed by the Board:

Summary of the BRCC’s Activities: i. Dato’ Anis Rizana Binti Mohd Zainudin @ Mohd
Zainuddin - Chairman
Key issues deliberated by the BRCC in 2022 were:
ii. Dato’ Azmi Bin Abdullah – Member
i. Proposal for Enterprise Risk Management (ERM)
Framework Document Update (from COSO 2004 to iii. Encik Adnan Zaylani Bin Mohamad Zahid – Member
ISO 31000);
iv. Encik Abdul Rahman Bin Mohd Nordin – Member
ii. Proposal to Approve Revision on Cut Loss Provision v. Dato’ Sri Sharifah Sofianny Binti Syed Hussain –
for Equity Portfolio; Member 2

iii. Proposal to Consolidate Investment Risk Policies Six BNRC meetings and one Special BNRC meeting was
and Notification on the Consolidated Investment Risk held throughout the year 2022.
Guidelines;
BNRC Meeting Attendance:
iv. Proposed Revision to The Terms of Reference (TOR) of
BRCC of KWAP;
No. Name Attendance
v. Report and Recommendation on Data Privacy Initiative 1 Dato’ Anis Rizana Binti 7/7
(Phase 2); Mohd Zainudin @ Mohd
Zainuddin
vi. Proposal to Enhance the Investment Risk Policy and
Notification on the Revised Investment Risk Guidelines 2 Dato’ Azmi Bin Abdullah 6/7
(Phase 2A); 3 Encik Adnan Zaylani Bin 7/7
Mohamad Zahid
vii. Approval on Market Risk Controls; and
4 Encik Abdul Rahman Bin Haji 7/7
viii. Approval on the Revision of Risk and Compliance Mohd Nordin
Committee (RCC) Membership in TOR.
5 Dato’ Sri Sharifah Sofianny Binti 3/3
Syed Hussain 2

1 Appointed on 26 August 2022.
2 Appointed on 26 August 2022.