Nomination, Remuneration, & Good Corporate Governance (GCG) Committee

  • The Nomination, Remuneration & Good Corporate (GCG) Committee as a Supporting Organ for the Board of Commissioners has a role in assisting the Board of Commissioners in providing support for the Board of Commissioners in overseeing the implementation of policies and remuneration for the Board of Directors.

    BASIS FOR ESTABLISHING THE NOMINATION, REMUNERATION, & GOOD CORPORATE (GCG) COMMITTEE

    The legal basis for IPC’s Nomination, Remuneration & Good Corporate Committee activities are:

    • Law number 19 of 2003 concerning State-Owned Enterprises;
    • Decree of the Minister of State-Owned Enterprises number PER-01/MBU/2011 dated August 1, 2011 concerning the Implementation of Good Corporate Governance in State-Owned Enterprises;
    • Regulation of the Minister of State-Owned Enterprises number PER-12/MBU/2012 dated August 24, 2012 concerning Supporting Organs for the Board of Commissioners/Supervisory Board of State-Owned Enterprises;
    • Articles of association of the Company (Persero) PT Pelabuhan Indonesia II (Notary Deed of Imas Fatimah, SH number: 1 dated December 1, 1992 which has been amended several times, lastly by Notary Deed of Agus Sudiono Kuntjoro, SH number: 2 dated August 15, 2008);
    • Decision of the Board of Commissioners of PT Pelabuhan Indonesia II (Persero) number: 09/KEP-DK/PI.II/VII-2017 concerning the Update/Stipulation of the Charter (Charter) of the Audit Committee, Risk Management Monitoring Committee, Nomination and Remuneration Committee of PT Pelabuhan Indonesia II ( Persero).

    DUTIES AND RESPONSIBILITIES OF THE NOMINATION, REMUNERATION & GOOD CORPORATE (GCG) COMMITTEE

    Duties of the Nomination, Remuneration & Good Corporate (GCG) Committee based on the Decision of the Board of Commissioners Number 09/KEP-DK/PI.II/ VII2017 dated July 14, 2017 regarding the Update/Stipulation of the Charter (Charter) of the Audit Committee, Risk Management Monitoring Committee, Nomination Committee, Remuneration, & Good Corporate PT Pelabuhan Indonesia II (Persero) are as follows:

    • Provide recommendations regarding candidates for members of the Board of Directors of the Subsidiary to the Board of Commissioners to be submitted to the General Meeting of Shareholders;
    • Prepare and provide recommendations regarding the system and procedures for selecting and/or replacing members of the Board of Commissioners and the Board of Directors to the Board of Commissioners to be submitted to the General Meeting of Shareholders;
    • Evaluating the remuneration policy;
    • Provide recommendations to the Board of Commissioners regarding:
      • Remuneration policy for the Board of Commissioners and the Board of Directors to be submitted to the General Meeting of Shareholders;
      • Remuneration policy for employees as a whole to be submitted to the Board of Directors.