Group IT Steering Committee (“GITSC”)

The GITSC is chaired by the Chief Financial Officer and includes senior representatives from business units as well as support units. The following are the key duties of the GITSC:-

(a) To ensure the IT strategic plan (short or long term) supports the overall organisational strategic business plan and the Group IT strategic plan;

(b) To review the short and long term IT plans for the Group, as well as to review and formulate key Group-wide standards/policies guidelines in areas such as IT infrastructure, application, evaluation of software/hardware and contract negotiations, IT policies and procedures, IT security policies and IT risk management framework;

(c) To monitor the effectiveness of the implementation of key IT policies, and the overall efficiency and performance of IT services and utilisation; and

(d) To establish framework and guidelines for maximising IT investment, as well as to review, provide recommendation and monitor IT expenditure for the Group.

The GITSC meets once a month.