IIF follows key world-class corporate governance principles that are formulated by its international founding shareholders and adhere strictly to the principles espoused by its shareholders.

The good corporate governance in IIF is applied through numerous committees that are provide governance support to the BoC and BoD in carrying out their duties and responsibilities.

Committees under Board of Commissioners:

1. AUDIT COMMITTEE

The Audit Committee was formed by the BoC to support the supervisory function, primarily in dealing with internal control, accounting policy, financial reporting, and internal and external auditors.

Position in the Committee Position in the Company
Chairman President Commissioner – Independent Commissioner
Member Independent Commissioner
Member Independent Commissioner
Member Member of Audit Committee

2. INVESTMENT COMMITTEE

The Board of Commissioners – Investment Committee (BoC-IC) was formed to provide a supervisory function, in particular in dealing with IIF’s investment proposals, portfolio and strategies.

Position in the Committee Position in the Company
Chairman President Commissioner – Independent Commissioner
Member Independent Commissioner
Member Independent Commissioner
Member Commissioner
Member Commissioner
Member Commissioner
Member Commissioner
Member Commissioner
Member Commissioner
Member Commissioner

3. RISK OVERSIGHT COMMITTEE

The committee is formed by IIF’s Shareholders and the BoC to support the supervisory function, primarily in providing oversight of the risk management issues of IIF on behalf of the BoC.

Position in the Committee Position in the Company
Chairman Independent Commissioner
Member Commissioner
Member Commissioner
Member Commissioner

4. NOMINATION AND REMUNERATION COMMITTEE

This committee is to recommend the nomination and remuneration for the members of the Board of Directors and Independent Commissioners and also to set forth general remuneration policies for the Company’s staff.

Position in the Committee Position in the Company
Chairman President Commissioner – Independent Commissioner
Member Commissioner
Member Commissioner
Member Commissioner


Committees under Board of Directors:

1. INVESTMENT COMMITTEE

The Board of Directors – Investment Committee (BoD-IC) is responsible mainly to review, consider and make decisions on all investment proposals for IIF to be recommended to the BoC-IC.

Position in the Committee Position in the Company
Chairman President Director & CEO
Member Director & CIO
Member Director & CIO
Member Director & CRO
Convenor Director & CFO

2. The ASSETS & LIABILITIES COMMITTEE

The Assets & Liabilities Committee (ALCO) is responsible to actively monitor the risk and management of funds and other resources, primarily in managing market risk and liquidity risk.

Position in the Committee Position in the Company
Chairman President Director & CEO
Member Director & CIO
Member Director & CIO
Member Director & CRO
Convenor Director & CFO

3. RISK MANAGEMENT COMMITTEE

In order to actively monitor the risk management over IIF’s business activities as well as to provide recommendations in formulating risk management policies and strategies for IIF, it is required to establish the Risk Management Committee of the Board of Director.

Position in the Committee Position in the Company
Chairman President Director & CEO
Member Director & CIO
Member Director & CIO
Member Director & CFO
Convenor Director & CRO

4. IT STEERING COMMITTEE

IIF’s IT Steering Committee (ITSC) is established to develop the capability of information technology system to support the Company’s business activities.

Position in the Committee Position in the Company
Chairman - Voting Member  President Director & CEO
Vice-Chairman - Voting Member Director & CFO
Vice-Chairman - Voting Member Director & CRO
Business Unit Head – Non Voting Member Head of Operations
Business Unit Head – Non Voting Member Head Operation Risk 
ITSC Moderator – Non Voting Member Head of IT
Non-Voting Member  Operation Risk 

5. ADVISORY COMMITTEE

Advisory Committee's main responsibility is to assist the Board of Directors in reviewing, considering, and making decisions related to advisory projects of the Company including, inter alia, to decide whether the Company will accept an advisory mandate.

Position in the Committee Position in the Company
Chairman President Director & CEO
Member Director & CFO
Member Director & CRO
Member Executive Vice President and Head of Advisory

6. HUMAN RESOURCES COMMITTEE

In accordance with the Company’s new organizational structure, the Company has established Human Resources Committee whose duties and responsibilities include Employment and Development, Performance Management, Compensation and Benefit, and to determine general policy, strategy, and decision related to general human resources that are pivotal to the Company’s overall performance.

Position in the Committee Position in the Company
Chairman President Director & CEO
Member Director & CIO
Member Director & CIO
Member Director & CRO
Member Director & CFO