i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
i'mpact Singapore Tourism Board Annual Report 2010/2011
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Corporate Governance<br />
Table 2: Directors’ <strong>Board</strong> Committee Memberships and Attendance at <strong>Board</strong> Committee Meetings in FY 1 April <strong>2010</strong> to 31<br />
March <strong>2011</strong><br />
Name of Director<br />
Finance & Investment<br />
Committee Meetings<br />
Number Number<br />
Held Attended<br />
Audit Committee<br />
Meetings<br />
Number Number<br />
Held Attended<br />
Governance<br />
Committee Meetings<br />
Number Number<br />
Held Attended<br />
Human Resource<br />
Management<br />
Committee Meetings<br />
Number<br />
Held<br />
Mr Simon Israel* 3 3<br />
Mr Chew Choon Seng + 0 0 3 0<br />
Ms Aw Kah Peng 3 2 0 0<br />
Mr Aubeck Kam 3 3<br />
Mr Mike Barclay 3 3<br />
Mr Benson Puah + 0 0 3 2<br />
Mr Steven Lim 3 3<br />
Mr Patrick Pitcher^ 3 0 3 2<br />
Mrs Diana Ee-Tan^^ - - - - - - - -<br />
Mr Vinodh Coomaraswamy 3 3<br />
Mrs Deborah Ong + 3 0<br />
Ms Jessica Tan + 3 1<br />
Number<br />
Attended<br />
* Mr Simon Israel retired from the <strong>Board</strong> with effect from 31 December <strong>2010</strong> and was scheduled to attend three Human Resource Management Committee (HRMC)<br />
meetings.<br />
+ Directors appointed to their respective <strong>Board</strong> Committees with effect from 1 March <strong>2011</strong>.<br />
^<br />
Mr Patrick Pitcher was a member of both Audit Committee (AC) and HRMC until 28 February <strong>2011</strong>, when he ceased to be a member of AC but continued as a<br />
member on HRMC.<br />
^^ Mrs Diana Ee-Tan did not hold sub-committee appointments prior to being appointed as member of Audit Committee with effect from 1 April <strong>2011</strong>.<br />
AUDIT AND ACCOUNTABILITY<br />
Audit Committee<br />
The Audit Committee (AC) comprises three independent and non-executive Directors. It is mandatory that at least two members<br />
of the AC have requisite accounting or related financial management expertise and experience to discharge their responsibilities<br />
and duties.<br />
During the financial year, a total of three meetings were convened for the AC. The responsibilities of the AC are stated in the terms<br />
of reference which include ensuring the adequacy of internal controls and reviewing the audit plans, audit reports and audited STB<br />
Financial Statements for the financial year.<br />
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