Can the human resources manager be appointed as a member of the nomination committee as long as the committee is chaired by the chairman of the board or an independent non-executive director (“INED(s)”) and the majority of its members are INEDs?
Can the human resources manager be appointed as a member of the nomination committee as long as the committee is chaired by the chairman of the board or an independent non-executive director (“INED(s)”) and the majority of its members are INEDs?
Yes. The Listing Rules do not restrict listed companies from appointing their staff or executive directors to act as members of the nomination committee, as long as a majority of the nomination committee are INEDs and it is chaired by the chairman of the board or an INED.