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We aim to be the most preferred non-life insurer in Thailand

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As for <strong>the</strong> consequence of an implementation on this issue over <strong>the</strong> past three years (2007-2009), though <strong>the</strong><br />

Company had campaigned <strong>to</strong> have shareholders know <strong>the</strong>ir rights <strong>in</strong> <strong>the</strong> matter, it appeared that no shareholders had ever<br />

nom<strong>in</strong>ated a new direc<strong>to</strong>r for appo<strong>in</strong>tment as a Board mem<strong>be</strong>r or proposed any significant issues that should <strong>be</strong> put on <strong>the</strong><br />

agenda of <strong>the</strong> Company’s shareholders’ annual meet<strong>in</strong>g.<br />

2.3 The Use of Insider Information<br />

This has <strong>be</strong>en reported <strong>in</strong> <strong>the</strong> section on “Control Over <strong>the</strong> Use of Insider Information” <strong>in</strong> “The Management”.<br />

3. The Section on Stakeholders’ Rights<br />

The Company is fully cognizant of its stakeholders’ rights and <strong>be</strong>lieves that <strong>the</strong> stakeholders’ support <strong>be</strong>nefits <strong>the</strong><br />

Company’s good reputation and ability <strong>to</strong> compete <strong>in</strong> <strong>the</strong> market, as well as help<strong>in</strong>g <strong>to</strong> build up <strong>the</strong> Company’s profit <strong>in</strong> <strong>the</strong> long<br />

term. Hence <strong>the</strong> Company realizes its responsibilities for each stakeholder group that has a different perspective, and has<br />

<strong>the</strong>refore adopted <strong>the</strong> follow<strong>in</strong>g practices with <strong>the</strong> pr<strong>in</strong>ciples of morality and <strong>in</strong>tegrity <strong>to</strong> <strong>in</strong>sure that <strong>the</strong>ir rights are always respected:<br />

Shareholders<br />

The Company is determ<strong>in</strong>ed <strong>to</strong> <strong>be</strong> a good representative of shareholders by tak<strong>in</strong>g<br />

good care of <strong>the</strong>ir <strong>be</strong>nefits and provid<strong>in</strong>g <strong>the</strong>m with <strong>the</strong> greatest satisfaction through<br />

high and cont<strong>in</strong>uous remuneration. Likewise, all reliable <strong>in</strong>surance-related bus<strong>in</strong>ess<br />

<strong>in</strong>formation will <strong>be</strong> dissem<strong>in</strong>ated <strong>to</strong> <strong>the</strong>m accurately, completely and transparently<br />

<strong>in</strong> conformity with generally accepted standards.<br />

Employees<br />

The Company will treat its employees at all levels equally on <strong>the</strong> basis of moral and<br />

fairness pr<strong>in</strong>ciples <strong>in</strong> order <strong>to</strong> encourage <strong>the</strong>m <strong>to</strong> work efficiently. All employees are<br />

also consistently urged and tra<strong>in</strong>ed <strong>to</strong> develop <strong>the</strong>ir skills and knowledge necessary<br />

<strong>to</strong> <strong>the</strong> successful implementation of <strong>the</strong>ir work, as well as <strong>the</strong> generation of <strong>the</strong> ut<strong>most</strong><br />

satisfaction for cus<strong>to</strong>mers. In this respect, various tra<strong>in</strong><strong>in</strong>g programmes are offered <strong>in</strong><br />

conformity with <strong>the</strong> Company’s bus<strong>in</strong>ess transaction strategies <strong>in</strong> order <strong>to</strong> upgrade<br />

<strong>the</strong> employees’ ability <strong>to</strong> carry out <strong>the</strong>ir jobs professionally. The programmes organized are,<br />

for <strong>in</strong>stance, <strong>in</strong>surance tra<strong>in</strong><strong>in</strong>g, development of quality management system, human<br />

resources management, development of work<strong>in</strong>g efficiency, etc. Besides, all levels<br />

of employees are encouraged <strong>to</strong> study or seek new branches of knowledge via <strong>the</strong><br />

Company’s scholarships and support on conferences with lead<strong>in</strong>g domestic and foreign<br />

<strong>in</strong>stitutions. Similarly, different patterns of learn<strong>in</strong>g are created <strong>to</strong> enable all employees<br />

<strong>to</strong> learn by <strong>the</strong>mselves, which will f<strong>in</strong>ally lead <strong>to</strong> <strong>the</strong> Company’s knowledge-based<br />

culture. The policy on development of <strong>the</strong> company’s employees, <strong>in</strong>clud<strong>in</strong>g a budget<br />

spent <strong>in</strong> 2009, is revealed <strong>in</strong> <strong>the</strong> annual report presentation form (Form 56-1) under<br />

<strong>the</strong> item “Policy on Employees’ Development”. Apart from fair remuneration, all o<strong>the</strong>r<br />

welfare schemes are, of course, higher than <strong>the</strong> requirements of <strong>the</strong> M<strong>in</strong>istry of Labour,<br />

i.e. providence fund scheme, <strong>life</strong> and health <strong>in</strong>surance coverage, 5s and relaxation<br />

programs, as well as <strong>the</strong> ma<strong>in</strong>tenance of a good work<strong>in</strong>g atmosphere and <strong>the</strong> protection<br />

of employees’ health and safety.<br />

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