Content
- Home
- Context
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Management Report
- The Operating Environment...and Trends Refining Our Portfolio...and Reinventing Our Future Financial Value Creation Delivering Value to Customers...and their Value to Us Working at Dimo...Enjoyable and Rewarding Our Business Partners...A Symbiotic Relationship Regulatory Authorities...Playing by the Rules Our Community...Live and Let Live The Environment...Now and for Generations Yet Unborn Sustainability Performance Objectives in 2012/13
- Stewardship
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Financial Reports
- Annual Report of the Board of Directors Statement of Directors' Responsibilities for the Financial Statements Independent Auditors' Report Income Statement and Statement of Comprehensive Income Statement of Financial Position Statement of Changes in Equity Cash Flow Statement Notes to the Financial Statements
- Appendices
- Downloads
- Review the structure, size and composition of the Board.
- Evaluate the independence and effectiveness of the Non-Executive Directors.
- Review the process for succession planning to ensure that the Board has the correct balance of individuals to discharge its duties effectively. During the year, the Committee was briefed on succession planning issues relating to executive director and Group corporate management roles and satisfied itself that action plans are in place to deal with longer term and as far as is practicable, unexpected short-term gaps or weaknesses in the executive team.
- Evaluate performance of Executive Directors.
The Annual Report Company
Nomination Committee Report
Introduction
The main purpose of the Committee is to assist the Board by keeping the composition of the Board under review and conducting a rigorous and transparent process when making or renewing appointments of directors to the Board. It also advises the Board on issues of directors’ conflicts of interest and independence. The Chairman and the members of the Nomination Committee are appointed by the Board of Directors.
Committee Composition and its Key Activities
The Committee composition and their attendance details are given in page 62 of Enterprise Governance Report.
The Committee has acted within the parameters set by its terms of reference.
The Committee met on one occasion in 2012/13 and the members’ attendance record is set out in the Enterprises Governance report.
The key activities carried out during the year by the Committee are as follows
The Committee is satisfied that the combined knowledge and experience of the Board matches the demands facing the Company.
Dr. H. Cabral
Chairman - Nomination Committee
Colombo
21st May 2013