Page 125 - XL Axiata Integrated Anual Report 2020 ENG

2020 Integrated Annual Report 123
Board Risk and
Compliance Committee
The Board Risk and Compliance Committee (“BRCC”) of XL Axiata established through the Board of Commissioners’ Decision No. 1.S/20 dated April 3, 2020, and is responsible to the Board of Commissioners (“BOC”).
Board Risk and Compliance Committee Charter
The BRCC has a Charter in the form of Terms of Reference (“TOR”) as a working guideline. BRCC TOR is available in Company’s website since April 3, 2020 (www.xlaxiata.co.id)
Composition and Profile
As of December 31, 2020, the Company’s BRCC consists of a Chairman and two Committee members as follows:
Yasmin S. Wirjawan Chairman
The Profiles of BRCC Members are presented in the sub chapter BOC Profile in this Integrated Annual Report.
Independency of the BRCC
According to the Terms of Reference, All
or majority of the BRCC members shall be Independent commissioners who shall act independently in carrying out its duties and responsibilities.
Roles and Responsibilities
Based on the Terms of Reference, The BRCC is responsible for determining that there are robust processes in place for identifying, assessing, and monitoring; i) key business risks to safeguard shareholders’ investment and the Company’s assets; ii) cybersecurity risks and risks relating to data privacy; iii) risks arising from non-compliant practices and behaviors, particularly relating to Anti-Bribery Anti-Corruption (ABAC).
Julianto Sidarto Vivek Sood Member Member
The BRCC will ensure that the Company’s Risk register is kept current and advise the BOC on the strategic direction, the tone from the top, as well as appropriate training and development exercises in all areas under its mandate.
BRCC Meeting
The BRCC shall meet at least four (4) times in a year, and such additional meetings, the Chairperson of the BRCC shall decide.
Meeting Frequency and Attendance
Throughout 2020, the BRCC convened several meetings with the following details:
TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION
PT. XL AXIATA TBK