implement the rulings of the SAC of BNM and the decision or advice of the SSC; implement an effective communication policy that supports a sound understanding of Shariah matters across BIMB; conduct regular assessment to evaluate the quality of operational support provided to the SSC and address any inadequacies arising thereof; and report to the Board and SSC on a timely basis any potential or actual Shariah non-compliance events. Appointment and Re-Appointment of Members The Board, on the recommendation of the BNRC, decides on the appointment and re-appointment of the SSC members, subject to BNM’s written approval. The Board ensures that the SSC members have the necessary credibility, integrity and calibre and the required skills and knowledge. The appointment and re-appointment of the SSC members is subject to the Fit and Proper Criteria adopted by BIMB as required by paragraph 12 of the SGPD and Fit and Proper policy document issued by BNM. SSC Meetings Summary of SSC meetings attendance and time spent in 2022 are set out below: Number of Meeting held in 2022: 9 Meeting attendance: Member Meeting Attendance % Professor Dato’ Dr. Ahmad Hidayat Buang (Chairman) 9/9 100% Associate Professor Dr. Yasmin Hanani Mohd Safian 9/9 100% Professor Dr. Asmadi Mohamed Naim 9/9 100% Dr. Shamsiah Mohamad 9/9 100% Sahibus Samahah Datu Haji Kipli Haji Yassin 9/9 100% Ir. Dr. Muhammad Fuad bin Abdullah 6/7 86% Total Meeting Hours: 32 hours Average Time Spent of Each Meeting: 3 hours and 36 minutes All SSC members have complied with the attendance requirement under the BNM Shariah Governance Framework of not less than 75%. Nine (9) meetings were held during the financial year ended 31 December 2022, in compliance with the requirement of paragraph 11.2 of the SGPD that requires the meeting to be held at least once in every two (2) months. The meetings are also attended by one (1) Director, the Group CEO, the Group Chief Financial Officer, the Group Chief Internal Auditor, the Group Chief Compliance Officer, the Group Chief Financial Inclusion Officer, Head of Operational Risk and Head of Product Management as permanent invitees. Their presence at the meetings improves the quality of engagement between the Board and Management members with SSC members and increases their appreciation towards Shariah deliberations and decisions. However, the Board members’ presence does not affect the independent deliberation by the SSC members in their informed decision-making. The Board receives regular updates on significant matters deliberated during the SSC meetings and minutes of the SSC meetings are circulated to the Board for notification. Integrated Report 2022 198 Corporate Governance Overview Statement
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