REPORT ON CORPORATE GOVERNANCE
Annual Report 2015
Karin Technology Holdings Limited
23
As Executive Chairman, Mr. Raymond Ng is responsible for the effective working of the Board. The Executive Chairman’s
responsibilities include, but not limited to:
t
FGGFDUJWF XPSLJOH PG UIF #PBSE
t
TDIFEVMF NFFUJOHT UP FOBCMF UIF #PBSE UP QFSGPSN JUT EVUJFT BOE SFTQPOTJCJMJUJFT
t
QSFQBSF UIF BHFOEB PG NFFUJOHT
t
FOTVSF QSPQFS DPOEVDU PG NFFUJOHT BOE BDDVSBUF EPDVNFOUBUJPO PG UIF QSPDFFEJOHT
t
FODPVSBHF DPOTUSVDUJWF SFMBUJPOT XJUIJO UIF #PBSE BOE CFUXFFO UIF #PBSE BOE .BOBHFNFOU
t
FOTVSF TNPPUI BOE UJNFMZ GMPX PG JOGPSNBUJPO CFUXFFO UIF #PBSE BOE .BOBHFNFOU
t
FOTVSJOH FGGFDUJWF DPNNVOJDBUJPO XJUI TIBSFIPMEFST
t
QSPNPUF B DVMUVSF PG PQFOOFTT BOE EFCBUF BU UIF #PBSE BOE
t
QSPNPUF IJHI TUBOEBSET PG DPSQPSBUF HPWFSOBODF
In addition to the above duties, the Executive Chairman will assume duties and responsibilities as may be required from
time to time.
Mr. Raymond Ng is primarily responsible for overseeing the overall management, and strategic planning and business
development of the Group. Mr. Raymond Ng manages the business operations of the Group and day-to-day Management
of the Company, organizational effectiveness and implementation of Board policies. Mr. Raymond Ng works closely
with the other Executive Directors.
The Board has written terms of reference for the Lead Independent Director (“
LID
”) that describes the responsibilities
and authority of a LID. Mr. Lawrence Kwan has replaced Prof. Ng Tung Sang as LID effective from the 2014 AGM. The
LID shall be available to the shareholders where they have concerns which contact through the normal channels of the
Executive Chairman and CEO has failed to resolve or for which such contact is inappropriate.
The Independent Directors, led by the LID, meet amongst themselves without the presence of the other Directors where
necessary, and the LID will provide any feedback to the Chairman after such meetings.
