Committees

Taiwan Cement aims to build a comprehensive risk analysis and strengthen its risk management mechanisms. On August 13, 2024, during the 5th meeting of the 25th session of the Board of Directors, a resolution was passed to establish the Risk Management Committee and adopt the Risk Management Committee Charter, comprising 6 members; the Risk Management Executive Committee and Risk Management Policies and Principles were abolished simultaneously.

The duties and responsibilities of this committee are as follows:
1. Review risk management policies and frameworks, and regularly assess their applicability and effectiveness.
2. Approve risk appetite (risk tolerance) and guide resource allocation.
3. Ensure that the risk management mechanism can adequately address the risks faced by the Company and integrate it into the daily operational processes.
4. Approve the prioritization and classification of risk control measures.
5. Review the implementation of risk management, provide necessary improvement suggestions, and report to the Board of Directors.
6. Review and report to the Board of Directors any risk-related systems, regulations, mechanisms, issues, or cases that are required by the competent authorities and various risk policies.
7. Execute the risk management decisions of the Board of Directors.
For more information on the Constitution of the Committee, please refer to the Risk Management Committee Charter

3nd Term Member Title Name Education / Experience Expertise
Convener Independent Director Shiou Ling Lin
  • National Taiwan University Law Department
  • Chairperson, KHL Venture Capital Co., Ltd.
  • Distinguished Consultant, Lee and Li, Attorneys-at-Law
  • Assisted in risk management, international market navigation and ESG practices for public companies
Member Independent Director Victor Wang
  • BA in Accounting, Soochow University
  • EMBA, National Taiwan University
  • Vice Chairperson of Auditing Service Division, Deloitte Taiwan
  • Financial risks management
Member Independent Director Lynette Ling-Tai, Chou
  • Bachelor, Major in International Business, Department of Commerce, National Taiwan University
  • Master of Accounting, University of Houston
  • Ph.D. of Accounting, University of Houston
  • Chief of Student Affairs, Deputy Dean of Business School, Dean of Department of Accounting, National Chengchi University
  • Managing Supervisor, Taiwan Public Television Services
  • Audit and accounting management
Member Independent Director Ruu Tian Chang
  • The Company’s independent director, member of the Audit Committee and member of the Remuneration Committee
  • Ms. Chang has more than 20 years of experience in information technology. She currently serves as the executive vice president of Guneng Co., Ltd. She has served as the information president of China Trust Financial Holdings and a director of several listed companies. She has operational management and crisis management skills. , industrial knowledge, corporate sustainability, international markets and other professional capabilities, and her expertise is instrumental in the ongoing supervision of the company's operations
  • Information Technology practices
Member
(Note)
President Li Hsin Wang
  • MBA, Waseda University
  • CEO, Chia Hsin Cement Corp.
  • Vice Chairman, Taipei American School Board
  • ESG practices
Member
(Resigned)
Independent Director Lynette Ling-Tai, Chou
  • Chief of Student Affairs, National Cheng Chi University
  • Dean, Department of Accounting, National Cheng Chi University
  • Managing Supervisor, Taiwan Public Television Services
  • Possess expertise in ESG evaluation, accounting and control management
Shiou Ling Lin
Member Convener
Title Independent Director
Education / Experience
  • National Taiwan University Law Department
  • Chairperson, KHL Venture Capital Co., Ltd.
  • Distinguished Consultant, Lee and Li, Attorneys-at-Law
Expertise
  • Assisted in risk management, international market navigation and ESG practices for public companies
Victor Wang
Member Member
Title Independent Director
Education / Experience
  • BA in Accounting, Soochow University
  • EMBA, National Taiwan University
  • Vice Chairperson of Auditing Service Division, Deloitte Taiwan
Expertise
  • Financial risks management
Lynette Ling-Tai, Chou
Member Member
Title Independent Director
Education / Experience
  • Bachelor, Major in International Business, Department of Commerce, National Taiwan University
  • Master of Accounting, University of Houston
  • Ph.D. of Accounting, University of Houston
  • Chief of Student Affairs, Deputy Dean of Business School, Dean of Department of Accounting, National Chengchi University
  • Managing Supervisor, Taiwan Public Television Services
Expertise
  • Audit and accounting management
Ruu Tian Chang
Member Member
Title Independent Director
Education / Experience
  • The Company’s independent director, member of the Audit Committee and member of the Remuneration Committee
  • Ms. Chang has more than 20 years of experience in information technology. She currently serves as the executive vice president of Guneng Co., Ltd. She has served as the information president of China Trust Financial Holdings and a director of several listed companies. She has operational management and crisis management skills. , industrial knowledge, corporate sustainability, international markets and other professional capabilities, and her expertise is instrumental in the ongoing supervision of the company's operations
Expertise
  • Information Technology practices
Li Hsin Wang
Member Member(Note)
Title President
Education / Experience
  • MBA, Waseda University
  • CEO, Chia Hsin Cement Corp
  • Vice Chairman, Taipei American School Board
Expertise
  • ESG practices
Nigel N. T. Li
Member Member
Title Independent Director
Education / Experience
  • LLB, National Taiwan University
  • Chairman, Bar Koo Investment Corporation
  • Special Senior Counselor, Lee and Li, Attorneys-at-Law
Expertise
  • Possess expertise in ESG evaluation, accounting and control management
Note: The Board of Directors resolved to add 1 member on May 28, 2024