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Board Committees

Executive Committee
Pursuant to ATI’s by-laws, the committee exercises such powers as may be delegated by the Board and reports to the Board any matter resolved by it within its authority.

Committee members:

Andrew R. Hoad

Chairman

Glen C. Hilton

Member

Ahmad Alhassan Al Simreen

Member

Roberto C.O. Lim

Member

Monico V. Jacob

Member

Eusebio H. Tanco

Member

Felino A. Palafox, Jr.

Member

Audit Committee
The committee assists the Board in fulfilling its oversight responsibility of the company’s corporate governance processes by reviewing and evaluating its financial statements and disclosure matters, internal controls and risk management, internal/external audit performance and compliance to legal and regulatory requirements.

Committee members:

Roberto C.O. Lim 

Chairman

Ahmad Alhassan Al Simreen

Member

Monico V. Jacob       

Member

Compensation Committee
The Committee establishes a formal and transparent procedure for developing a policy on executive remuneration and for fixing the remuneration packages of corporate officers, directors and employees.

Committee members:

Andrew R. Hoad

Chairman

Ahmad Alhassan Al Simreen

Member

Felino A. Palafox, Jr.

Member

Artemio Panganiban (independent director)

Member

Glen C. Hilton

Member

Nomination Committee
The Committee passes upon the qualifications of candidates nominated for election to the Board, evaluates the candidates and shortlists the same for eventual election to the Board.

Committee members:

Andrew R. Hoad

Chairman

Eusebio H. Tanco

Member

Artemio Panganiban (independent director)

Member

Felino A. Palafox, Jr.

Member

Ahmad Alhassan Al Simreen

Member

Corporate Governance Committee
The purposes of the CG Committee of the Board of Directors (the “Board”) of Asian Terminals, Inc. (“ATI”) are: a) to ensure compliance with and proper observance of corporate governance principles and practices; (2) to oversee the development, implementation and maintenance of the corporate governance standards by which the Company conducts business; (3) such other purpose as may be assigned to it by the Board.

Committee members:

Artemio Panganiban (independent director)

Chairman

Roberto C.O. Lim

Member

Ahmad Alhassan Al Simreen

Member

Charters