Structure of Next Media
The top management committee of the company is the Board. The Board is responsible for overseeing the successful of Next Media and devising the company’s future strategy. The Board delegates the running of Next Media’s day-to-day operations to carefully chosen Executive Directors and Senior Management. The Board looks to the Management to ensure it appraised of all significant developments that may affect the company and its operations.
There are four committees established by the Board, granted for different kinds of duties.
- Executive Directors: for the purpose of approving issues and allotment of shares
- Audit Committee: mainly to assist the Board in its oversight of the integrity of the Company’s financial statements; the Company’s compliance with legal and regulatory requirements; the external auditor’s qualifications and independence; and the performance of the Company’s internal audit function and external auditors.
- Remuneration Committee; to review and develop policies in relation to the remuneration of directors and senior management of the Company; to make recommendations to the Board from time to time as may be necessary in relation to such policies.
- Ad hoc Sub-committee; made up of the financial heads of all major operation subsidiaries.
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