BOD Members & Attendance

Directorships Committees
Executive ACCG Audit, Compliance and Corporate Governance Committee
Non-Executive  NC Nominating Committee
Independent, Non-Executive  RN Remuneration Committee

Sadly, U Sein Win passed away and therefore left on 10 August 2021 TMH’s Board. U Thein Zaw assumed the chairmanship of the ACCG.

BOD’s composition (as of 30 September 2021)

 

Meeting attendance & activities of the Board

Activities of the Board

The Board met seven times: the discussions were focused on TMH’s response to the health, political and economic crises with a focus on the following topics:

  • Risks and controls. The Board approved TMH’s risk management, focusing on business continuity, political risks, safety and security.
  • TMH’s response to the COVID-19 pandemic. The Board reviewed the action plan prepared by the Management to reduce all non-essential costs and maintain jobs.
  • Succession planning to identify suitable candidates to join TMH’s Board after the next AGM after U Sein Win’s resignation.

The table below provides a summary of the topics discussed during each meeting.

Date Meeting attendance AGM Business review Compliance & reporting Corporate Governance People Risks & Controls Strategy
15/10/2020 100%
03/12/2020 100%
03/02/2021 100%
11/05/2021 100%
27/06/2021 90%
28/07/2021 100%
08/10/2021 100%

Meeting attendanceMore information related to topics discussed during the Board meetings can be found in the Annual Report

 

Meeting attendance

The attendance of each Director is summarised in the table below:

Name Date of first appointment Date of last re-election Board meetings ACCG NC RC
U Myint Lwin* 10/09/2007 05/08/2018 7/7
Daw Khin Hnin Lwin* 10/09/2007 05/08/2018 7/7
U Kyaw Swar Lwin* 03/09/2011 05/08/2018 7/7 1/*1
U Thiha Lwin* 10/09/2007 22/09/2019 7/7 4/4
Daw Ohmar Lwin* 11/08/2016 20/12/2020 7/7 1/1
Dr. Nang Lai Yi Soe* 11/08/2016 22/09/2019 7/7 1/1
Daw Thu Zar* 11/08/2016 22/09/2019 7/7
U Aung Than 25/06/2017 20/12/2020 7/7 1/1 1/1
U Thein Zaw 25/06/2017 20/12/2020 7/7 1/4 1/1
U Sein Win 06/08/2018 05/08/2018 4/5** 3/4

* Indicates the BOD members who own individually more than 8% of TMH’s share.

** U Sein Win resigned on 10 August 2021.

*** The Nominating Committee meeting was held on 3 August 2021, chaired by U Thein Zaw and U Aung Than attended as U Sein Win passed away.

 

Remuneration of the Board of Directors and Executive Officers

Overall remuneration FY 2020-2021 FY 2019-2020 FY 2019
Board of Directors Ks.   61,600,000 Ks. 67,200,000 Ks. 33,600,000
Executive Officers Ks. 50,600,000 Ks. 55,200,000 Ks. 27,600,000

 

Key figures