Summary by Moomoo AI
boc hong kong (Holdings) Limited recently updated its Terms of Reference of the Nomination and Remuneration Committee, clarifying various aspects of the committee's work content including goals, roles, responsibilities, composition, meeting frequency, authority, and annual assessment. The committee is a standing committee under the board of directors, mainly responsible for monitoring the group's human resources strategy, compensation strategy, and incentive framework, and participating in the selection, nomination, and appointment of directors and senior management personnel. The committee will ensure that directors and committee members maintain the necessary skills, experience, and knowledge, and are responsible for formulating relevant compensation policies. In addition, the committee will conduct performance evaluations of the board of directors and various committees, and arrange for...Show More
