In compliance with the Corporate Governance Code published by the Bangladesh Securities and Exchange Commission (BSEC) by Notification dated June 3, 2018; the members of the Board of Directors of Delta Life Insurance Company Limited has formed a sub-committee “Nomination and Remuneration Committee (NRC)”. The committee supports assists and advises the Board of Directors.
Nomination and Remuneration Committee (NRC):
The committee supports the Board of Directors in planning and preparing succession at the Senior Management level, and in all governance-related matters. It is responsible for the following:
- Monitoring developments relating to compensation for the Board of Directors and Senior Management and to governance-related matters
- Briefing the Board of Directors accordingly
- Deciding on compensation paid to the Executive Management, and on the Chief Executive Officer’s targets and performance assessment
- Informing the Board of Directors as a whole of the decisions taken