Page 114 - KWAP_AR2022

112 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) FoR BEttER GovERNANcE

STATEMENT ON
CORPORATE GOVERNANCE

Summary of the BNRC’s Activities: BPC Meeting Attendance:
Among the proposals deliberated and endorsed by BNRC No. Name Attendance
during the year 2022 were:
1 Datuk Siti Zainab Binti Omar 5/5
i. KWAP’s Corporate Scorecard Achievement for 2022;
2 Encik Adnan Zaylani Bin Mohd 4/5
ii. Renewal of Several Contracts of Employment of Heads Zahid
of Department in KWAP;
3 Dato’ Sri Sharifah Sofianny Binti 5/5
iii. Proposal on MySTEP Programme 2022 for KWAP; Syed Hussain
4 Encik Abdul Rahman Bin Haji 5/5
iv. Proposal on the overall Organisation Structure for Mohd Nordin
KWAP;
5 YM Puan Raja Teh Maimunah 1/2
v. Implementation of Enhanced Organisational Structure; Binti Raja Abd Aziz 1
vi. Proposal on KWAP Recruitment Policy; and
BOARD DISCIPLINARY COMMITTEE
vii. Proposal to Adopt the Amendments to the Employment
Act 1955. Membership

BOARD PROCUREMENT COMMITTEE Board Disciplinary Committee (BDC) comprises four Board
members i.e. a Chairman and three other Board members
The Board Procurement Committee (BPC) was established who will be appointed by the Board as and when required:
to assist the Board in discharging its functions with regard
to evaluation of operational related procurement proposals. i. Dato’ Anis Rizana Binti Mohd Zainudin @ Mohd
Zainuddin - Chairman
Membership
No BDC meetings was held throughout the year 2022.
Currently, BPC comprises five Board members, i.e. a
Chairman and four other Board members who were Duties and Responsibilities of BDC
appointed by the Board:
BDC is responsible for any disciplinary proceedings and
i. Datuk Siti Zainab Binti Omar – Chairman; imposing penalties on employees as provided under the
KWAP’s Disciplinary Policy.
ii. Adnan Zaylani Bin Mohd Zahid – Member;
APPOINTMENT AND REMUNERATION OF BOARD
iii. Dato’ Sri Sharifah Sofianny Binti Syed Hussain – AND INVESTMENT PANEL MEMBERS
Member;
As prescribed under KWAP Act, the Board and the
iv. Encik Abdul Rahman Bin Mohd Nordin – Member; Investment Panel members are appointed for a period not
exceeding three years, and on the expiry thereof are eligible
v. YM Puan Raja Teh Maimunah Binti Raja Abd Aziz – for reappointment. The remuneration of the Board and
Member 1 Investment Panel is determined from time-to-time, subject
to the approval of the Minister of Finance.
Three BPC meetings and two Special BPC meetings were
held throughout the year 2022. In 2022, the Board and the Investment Panel members
received a total remuneration of RM1,107,526 and
RM545,040 respectively.

1 Appointed on 26 August 2022.