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 compliance with the Corporate Governance Code (“CG Code”) of 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 including the Chairman are Independent and Non-Executive Directors, meeting the requirements of the CG Code.
Mandate
The key responsibilities of the ARC include: -
- To assist the Board of Directors in fulfilling its statutory obligations;
- To advise the Board of Directors on the adequacy and effectiveness of internal controls, risk management, control and governance processes; and
- To ensure 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”) issued by the Capital Market Development Authority of the Maldives.
The NRC is mandated with carrying out the functions of both the Nomination Committee and the Remuneration Committee. Based on the scope and expertise required to expedite the responsibilities of both Committees and considering the time and resources required, a combined Committee is considered to be more effective and efficient.
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: -
- Providing advice and recommendations to the Board and to the Shareholders on Board appointments after a proper evaluation;
- Providing advice and recommendations on remuneration packages for the Board, the Chief Executive Officer (“CEO”) and key executives for approval by the Board; and
- Reviewing policies with respect to total rewards schedule, including remuneration levels, pension arrangements, performance related pay schemes, variable payment systems, for approval by the Board.
Members of the committee
Mr. Vikram Sinha
Ms. Dheena Hussain
