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• Corporate Governance

Corporate Governance

WORKING GUIDELINES FOR THE BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS

The Board of Directors is responsible for managing the company in the interests of the company and in accordance with the company's objectives and purposes. The Board of Commissioners is responsible for overseeing the company's management policies, the general conduct of management, and providing advice to the Board of Directors. The Working Guidelines for the Board of Directors and Board of Commissioners of PT Syailendra Capital are based on Law No. 40 of 2007 concerning Limited Liability Companies, OJK Regulation No. 10 of 2018 concerning the Implementation of Investment Manager Governance, and the Articles of Association of PT Syailendra Capital. These guidelines have been established to realise good corporate governance, particularly by the Board of Directors and Board of Commissioners as company management.

 

KEY PRINCIPLES OF THE CORPORATE CODE OF ETHICS

In its operations, Syailendra follows the Corporate Governance Guidelines that must be complied with by Commissioners, Directors, Department Heads, and Staff. These guidelines are applied to achieve the company's vision and mission whilst remaining within the framework of external and internal regulations. To ensure responsible business activities, Syailendra conducts socialisation regarding the Corporate Code of Ethics together with socialisation of SOPs and Policies available in both hardcopy and softcopy formats for all Divisions, with the following code of ethics principles:

1. Integrity

2. Professional Conduct

3. Prioritising Client Interests

4. Monitoring and Control

5. Adequate Resources

6. Disclosure of Information

7. Anticipation of Conflicts of Interest

8. Compliance

 

BRIEF DESCRIPTION OF RISK MANAGEMENT, COMPLIANCE, AND INTERNAL AUDIT

Risk Management

The Risk Management function encompasses the identification of risks that exist in each division, the causes of these risks, risk mitigation, and the implications of such risks. The Risk Management function establishes and updates the Risk Management strategy annually. The application of the risk management function must be conducted based on a Risk Management strategy that includes at minimum:

1. identification of all risks that may arise in the Investment Manager's activities;

2. explanation of the causes of these risks;

3. identification of the likelihood of these risks occurring;

4. explanation of the implications of these risks occurring; and

5. steps that must be taken if these risks occur.

 

Compliance

The Compliance function plays a role in ensuring the company's compliance with applicable laws and regulations. Additionally, the Compliance function also refers to the company's internal regulations as an extension of regulatory requirements. To ensure that company operations remain in accordance with legal requirements, the Compliance function acts as a liaison officer between the company and the Indonesia Financial Services Authority (OJK).

Internal Audit

The Internal Audit function serves to ensure the integrity of the company's business, operational, and financial activities. This function carries out routine and special audit plans. Routine audit plans are established at the beginning of the year, and special audit plans are established upon specific request from the Board of Directors.

 

BRIEF DESCRIPTION OF COMPANY COMMITTEES

Investment Committee

The Investment Committee is responsible for directing and overseeing the Investment Management Team in implementing investment policies and daily investment strategies in accordance with investment objectives. The Investment Committee's work programme includes approval of Stock Universe, Bond Universe, Bank Universe, Broker Ranking, and investment strategy.

Product Committee

The Product Committee is responsible for discussing and making all decisions regarding the establishment and dissolution of products. The role of the Product Committee includes providing approval regarding product proposals before submission to the Regulator and analysing market opportunities related to products.

 

WMI LICENCE HOLDERS' NAMES

1. Jos Parengkuan

2. Roy Himawan

3. Fajar Rachman Hidajat

4. Gunanta Afrima

5. Harnugama

6. Ahmad Solihin

7. Rizki Jauhari Indra

8. Michael John Pranata

9. Rudi Siswantoro

10. Juli Afriyessi Wahyu

11. Elvia

12. Bachtiar Arief Nugroho

13. Ryan Aditya Putra

14. Rakhmi Wijiharti

15. Mardiana Wirasmi Marnoto

16. Agustinus Candra

17. Noviyardi

18. Rafi Aulia Adipradana

19. Steven Tjitra

20. Rendy Wijaya

21. Karen Miranti

22. Daffa Fadhlurrahman Hartadi

23. Alfred Adiprasetyo