Committees Performance Evaluation

PERFORMANCE ASSESSMENT FOR THE COMMITTEES UNDER THE BOARD OF COMMISSIONERS

Policy and Procedure of Performance Assessment for the Committees under the Board of Commissioners

Performance assessments for the Committees under the Board of Commissioners are carried out every year (minimum once a year), and include collegial performance assessments for the Committees under the Board of Commissioners, individual performance assessments for each Committee members, and performance assessments for the Committee Chairman.

The final evaluation for the collegial and individual performance assessments of the Committees under the Board of Commissioners, including the performance assessment of the Committee Chairman are presented by the Nomination and Remuneration Committee in the Board of Commissioners meeting. The discussion results will be followed up in the form of improvement and action plan (if necessary).

Performance Assessment Criteria for Committees under the Board of Commissioners

Performance Assessment Criterias for Committees under the Board of Commissioners includes:

  • Collegial Performance Assessment for Committees under the Board of Commissioners

    The assessment criteria includes the structure of the Committees, the effectiveness of the meetings of the Committees and the effectiveness of the Commitees implementation of duties and responsibilities.

  • Individual Performance Assessment for Each Member of the Committees under the Board of Commissioners

    The assessment criteria includes competency and capability, as well as effectiveness of the members of the Committees implementation of duties and responsibilities.

  • Performance Assessment for the Chairman of the Committees under the Board of Commissioners

    The Committee Chairman’s performance assessment criteria includes the effectiveness of the implementation of duties and responsibilities, as well as the Chairman’s leadership in the Committees.

Parties Conducting the Performance Assessment for the Committees under the Board of Commissioners

The performance assessment for Committees, Committee members and Chairman of the Committees under the Board of Commissioners is carried out by:

  • Collegial Performance Assessment for Committees under the Board of Commissioners

    The assessment is carried out by each Committee member on the performance of the Committee under the Board of Commissioners.

  • Individual Performance Assessment for Each Member of the Committees under the Board of Commissioners

    Each Committee member provides an assessment for each other member of the committee under the Board of Commissioners.

  • Performance Assessment for Chairman of the Committee under the Board of Commissioners

    The assessment is carried out by each member of Committee on the performance of the Chairman of their respective Committee.

Results Of The Performance Assessment For The Committee Under The Board Of Commissioners In 2019

Detail results of the collegial performance assessment for the Committees under the Board of Commissioners are as follows:

Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
3.5 4.0 4.6 3.6

Meanwhile, the average results of the individual performance assessment for each member of the Committees are as follows:

Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
3.9 4.1 4.6 3.5

And for the performance assessment results for the Chairman of the Committees under the Board of Commissioners:

Audit Committee Risk Oversight Committee Nomination and Remuneration Committee Integrated Governance Committee
3.2 4.3 4.3 3.7

Value Range as follows:

Range of Values Description
≥4.7 Exceptional
4.0 - 4.6 Outstanding
3.7 - 3.9 Exceeded Expectations
3.0 - 3.6 Meet Expectations
< 3.0 Need Improvement

PERFORMANCE ASSESSMENT COMMITTEES UNDER THE BOARD OF DIRECTORS

Policy and Procedure of Performance Assessment for the Committees under the Board of Directors (Executive Committee)

Criteria and basis for consideration of the evaluation of the Executive Committees, based on respective TOR are as follows:

  1. Number of meetings held;
  2. The presence of the Directors;
  3. SLA of Minutes of Meeting;
  4. Action Matters Arising; and
  5. Distribution of the meeting invitation.

Throughout 2019, the implementation of the duties, responsibilities and discussions of the Executive Committee meetings were considered well done and effective. The presence of the Board of Directors in Committee meetings during 2019, including decisions taken during the discussion of the meeting can also be used as a reference.

Performance Assessment Results of Executive Committee in 2019

Executive Committee Result
Risk Management Committee (RMC)480
Asset & Liability Committee (ALCO)460
Information Technology Steering Committee (ITSC)470
Credit Policy Committee (CPC)425

Performance Rating

a. Excellent : ≥ 470 - 500
b. Good : 400 - < 470
c. Fair : 300 - < 400
d. Poor : 200 - < 300
e. Very Poor : < 200