PCS Stewardship Report Annual 18 final | Page 21

Stewardship Report FY 2017 - 18 CORPORATE GOVERNANCE Board’s Conduct Of Affairs The Board’s conduct of affairs are set out in the Board Policy which was approved by the Board on 17 February 2017. (such as electronic communications and approving resolutions in writing). The Board has a succession plan in place and is pro-actively seeking credible professionals of relevant fields to join the Board. Board members are required to disclose any interest, directly or indirectly, that PCS may enter into or in any organizations that PCS has dealings with or is considering dealing with, and any personal interest accruing to him as one of PCS’ supplier, user of services or beneficiary. The Board works with the Leadership Team to lead and manage the Company. The Board provides guidance to the Leadership Team and delegates the formulation of policies and the day to day management to the Executive Director and the Leadership Team. The Leadership Team remains accountable to the Board. To ensure good governance, the Board has put in place the following Sub- committees: • Nomination Sub-committee • Finance Sub-committee • Audit Sub-committee • Human Resource Sub-committee • Fund Raising Sub-committee Board Composition And Membership Organization All the Directors are independent and do not receive any remuneration for the services. New appointments of Directors are recommended by the Nominations Committee and elected at the Annual General Meeting. The Board meets at least four times a year with a quorum of at least 25% members. The Board members also participates in decision-making through other means Exco Attendance 2017-2018 Board Member Designation Mr Arthur Lim Eng Hian Chairman A/Prof Tan Wee Liang Vice Chairman Rev. Ang Eng Hoe Hon Secretary Mr Rocky Lim Heng Foo Hon Treasurer Mr Tan Pong Meng Member Mr Wee Char Lee Member Rt Rev. Teo Yew Tiong Member Mr Leong Kok Ho Member Mr Samuel Tan Chee Koon Member Mr Jonathan Kok Hei Mun Member Dr Lee Soo Ann Founding Adviser Mr Laurence Wee Adviser 19 Attendance 3/4 3/4 4/4 4/4 4/4 4/4 2/4 2/4 3/4 4/4 4/4 3/4