The Nomination Committee is responsible for formulating nomination policy, and making recommendations to the Board on nomination and appointment of Directors and Board succession. The Nomination Committee develops selection procedures of candidates for nomination, reviews the size, structure and composition of the Board, as well as assesses the independence of the Independent Non-Executive Directors. The Nomination Committee is provided with sufficient resources to perform its duties and, where necessary, it can seek independent professional advice at the expense of the Company to perform its responsibilities. The specific terms of reference of the Nomination Committee are posted on the websites of the Company and Hong Kong Exchanges and Clearing Limited respectively.
Nomination procedures include identification and nomination of qualified individuals by the Nomination Committee, and review and approval of such nominations by the Board. The Nomination Committee evaluates potential candidates by considering various factors such as their professional expertise, relevant experience, personal ethics and integrity.
The Nomination Committee currently comprises four members, all of them being Non-Executive Directors with the majority of them being Independent Non-Executive Directors.
- Li On-kwok, Victor (Committee Chairman)
- Cheung Wing-yui
- King Yeo-chi, Ambrose
- Wong Kai-man