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Corporate Governance Rating |
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Enterprise Governance |
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Enterprise Risk Management |
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Audit Committee Report |
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Remuneration Committee Report |
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Nomination Committee Report |
| remuneration committee report |
| The Remuneration Committee is a sub-committee of the Board. The members of the Committee comprise of three Independent Directors and two Non-Executive Directors. The Chairperson who is an Independent Director is appointed by the Board. The Committee was established for the purpose of recommending the Remuneration of the Board of Directors including Chairman/Chief Executive Officer and Senior Management. The Committee has acted within the parameters set by its terms of reference. The Chairman of the Board attends the Committee meetings by invitation. However, he does not participate in any discussion pertaining to his remuneration. The remuneration packages linked to the individual performances are aligned with the Company’s long-term strategy. The Directors’ emoluments are disclosed in the Notes to the Financial Statements. The Committee meets as and when a need arises. The Remuneration Committee meetings and members attendance is given in the Enterprise Governance section.  Dr. U. Liyanage Chairman - Remuneration Committee Colombo 9th May 2008 |