Chief Executive Officer has the scope of duties and responsibilities as follows;
(1) Have authorities, duties and responsibilities as assigned or according to the policy assigned by the Board of Directors and/or the Executive Board.
(2) Responsible to supervise, arrange and manage the Company’s business in accordance with the policies, business strategies, goals, proceeding plans, financial targets and company’s budgets which are approved by the Executive Board.
(3) Consider to employ, appoint, rotate, discharge as well as specify authorities, evaluations and appropriate remunerations for employees in the supervised line in accordance with the policy specified by the Executive Board.
(4) Appoint Advisors for any working fields that are necessary for daily performances and/or managements of the company.
(5) Appoint and/or assign individual (s) to operate any matters conducted under the authorities of Chief Executive Officer in accordance with Chief Executive Officer’s appropriate point of views; meanwhile, Chief Executive Officer may abolish, revoke or amend the said authority.
(6) Consider and approve the financial instruments and contracts such as the Commodity Future Contract, Foreign Currency Exchange Forward Contract and etc. in order to prevent the company’s financial risks.
(7) Specify trading conditions such as credit amount, payment period, sales agreement, alteration of trading conditions and etc. which cost up to Baht 25 Million.
(8) Consider, negotiate and approve any transactions or performances concerned to raw material procurement and product selling up to 1,000 Tons per order and if purchasing or selling is more than 1,000 Tons per order, must be approved by Selling & Purchasing Committee and then report to the Executive Board in the next meeting.
(9) Consider, negotiate and approve any transactions excluding raw material procurement and product selling which cost up to Baht 10 Million per order.
(10) Apart from the abovementioned authorities, duties and responsibilities accordingly referred to the Authorization Manual of the company.