FGV Annual Report 2015

130 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Division of Roles Between the Chairman and the Group President/Chief Executive Officer The Board appreciates the distinct roles and responsibilities of the Chairman of the Board and the Group President/Chief Executive Officer. This division ensures that there is a clear and proper balance of power and authority. As such, the role of the Chairman and the Group President/Chief Executive Officer is separate. Statement on Corporate Governance The Chairman ’s main role is to ensure effective conduct of the Board through the execution of the following: • Guide and mediate the Board’s actions with respect to organisational priorities and governance concerns; • Ensure that Executive Directors look beyond their executive functions and accept their full share of the responsibilities of governance; • Undertakes the primary responsibility for organising the information necessary for the Board to deal with items on the agenda and for providing this information to Directors on a timely basis with the assistance of FGV Company Secretaries; • Ensure that Board meetings are effective, including ensuring that all relevant issues are on the agenda and that all Directors receive timely and relevant information tailored to their needs and that they are properly briefed on issues arising at Board meetings; • Ensure that the Board behaves in accordance with its Board Charter; • Undertake appropriate public relations activities in conjunction with the Group President/Chief Executive Officer; • Be the spokesperson for the Company at the Annual General Meeting and in the reporting of performance and profit figures; • Be the major point of contact between the Board and the Group President/Chief Executive Officer; • Be kept fully informed of current events by the Group President/Chief Executive Officer on all matters which may be of interest to Directors; • Regularly review progress on important initiatives and significant issues facing the Company and/or the Group in conjunction with the Group President/Chief Executive Officer, and other relevant Top Management or such other appropriate Top Management, progress on important initiatives and significant issues facing the Company and/or Group; • Provide mentoring for the Group President/Chief Executive Officer; and • Initiate and oversee the annual Group President/Chief Executive Officer performance evaluation process. The Chairman has never assumed any executive position in the Company.