The Committee consists of three members and chaired by the Chief Executive Officer. The Terms of Reference of the Committee included:
- Identify strategic directions, capabilities and objectives for Company’s IT support.
- Identify opportunities where IT can help to achieve Company’s goals and recommend priorities.
- Ensure a coordinated implementation of Company’s IT projects.
- Review significant IT investments and expenditures.
- Review and as appropriate, make recommendations to the Board regarding significant IT investments in support of Company’s IT strategy.
- Review and discuss Company’s risk management and risk assessment guidelines and policies regarding IT security including disaster recovery capabilities Three meetings of the Committee was held during the year.