Issuers
Ooredoo Maldives
Board Members
Ms. Fatima Sultan Al-Kuwari
Chairperson/ Independent, Non-Executive Director
Mr. Khalid Hassan M A Al-Hamadi
Managing Director/ Executive Director
Mr. George Bowring Challenor
Independent, Non-Executive Director
Mr. Vikram Sinha
Independent, Non-Executive Director
Ms. Dheena Hussain
Non-Independent, Non-Executive Director
Mr. Suresh Kalpathi Chidambaram
Non-Independent, Executive Director
Ms. Moza Mohd A Y Darwish
Independent, Non-Executive Director
Mr. Mohamed Shahid
Independent, Non-Executive Director
Board Committees
Audit and Risk Management Committee
3 Members
Composition
The Audit and Risk Management Committee (the “ARC”) of Ooredoo Maldives was established in accordance with the requirements of the Corporate Governance Code (“CG Code”) issued by the Capital Market Development Authority of the Maldives.
The ARC comprises of three (3) members appointed for a term of three (3) years, all of whom are Non-Executive Directors, and all of whom including the Chairman are Independent Directors.
Mandate
The key responsibilities of the ARC include assisting the Board of Directors to fulfil its statutory obligations and advises them on the adequacy and effectiveness of internal controls, risk management, control and governance processes, ensuring the independence and objectivity of internal and external audit functions and the integrity of the Company’s financial statements.
Members of the committee
Mr. George Bowring Challenor
Mr. Vikram Sinha
Ms. Moza Mohd A Y Darwish
Nomination and Remuneration Committee
3 Members
Composition
The Nomination and Remuneration Committee (the “NRC”) of Ooredoo Maldives was established to undertake all matters under its purview, according to the applicable laws of the Maldives and in accordance with the requirements of the Corporate Governance Code (“CG Code”) of the Maldives.
The functions of both the Nomination Committee and the Remuneration Committee is carried out by the NRC. Based on the scope and expertise required to expedite the responsibilities of both Committees, a combined Committee is considered to be more effective and efficient, while considering the time and resources required.
The NRC comprises of three (3) members appointed for a term of three (3) years, all of whom are Non-Executive Directors, and the majority of whom including the Chairman are Independent Directors.
Mandate
The key responsibilities of the NRC include: -
(a) Provide recommendations to the Board and to the Shareholders on Board appointments after a proper evaluation;
(b) Provide recommendations on remuneration packages for the Board, the Chief Executive Officer (“CEO”) and key executives for approval by the Board;
(c) Review policies with respect to remuneration, pension, performance related pay schemes for approval by the Board.
Members of the committee
Mr. Vikram Sinha
Ms. Dheena Hussain
