{"id":2763,"date":"2026-06-30T12:32:46","date_gmt":"2026-06-30T05:32:46","guid":{"rendered":"https:\/\/www.vichaivej.com\/sustainability\/?post_type=governance&p=2763"},"modified":"2026-07-21T11:12:12","modified_gmt":"2026-07-21T04:12:12","slug":"board-structure-and-diversity","status":"publish","type":"governance","link":"https:\/\/www.vichaivej.com\/sustainability\/en\/governance\/governance-structure\/board-structure-and-diversity\/","title":{"rendered":"Board Structure and Diversity"},"content":{"rendered":"The Group recognizes strong governance as a critical foundation for stable, transparent, and sustainable business operations. The Board of Directors plays\u00a0a central role\u00a0in setting strategic\u00a0direction, overseeing performance, managing risk, and supporting the Group\u2019s ongoing ESG agenda.\u00a0<\/span>\u00a0<\/span>\r\n\r\nA Balanced and Transparent Board Structure<\/span><\/b>\u00a0<\/span>\r\n\r\nAs of 2025, the Group\u2019s Board\u00a0comprises\u00a012 directors, including:\r\n
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  • 5 executive directors\u00a0or\u00a041.67%<\/li>\r\n<\/ul>\r\n
      \r\n \t
    • 7 non-executive directors\u00a0or\u00a058.33%<\/li>\r\n<\/ul>\r\n
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      • 4 independent directors\u00a0or\u00a033.33% of the total Board<\/li>\r\n<\/ul>\r\nThe Group places strong emphasis on the role of independent directors in promoting transparency, objectivity, and balanced decision-making. Independent directors must be free from business relationships or conflicts of interest that could impair their judgment, and their tenure does not exceed nine years, unless otherwise approved by shareholders when\u00a0appropriate.\u00a0<\/span>\u00a0<\/span>\r\n\r\nTo strengthen governance effectiveness, the Group has\u00a0established\u00a0six Board committees and working bodies:<\/span>\u00a0<\/span>\r\n
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        • Audit Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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          • Nomination and Remuneration Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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            • Corporate Governance and Sustainability Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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              • Risk Management Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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                • Finance and Investment Working Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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                  • CEO Performance Evaluation Sub-Committee\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\nBoard Diversity for Effective Oversight<\/span><\/b>\u00a0<\/span>\r\n\r\nThe Group promotes Board diversity across skills, experience, age, gender, and independence to ensure that Board composition\u00a0remains\u00a0aligned with the Group\u2019s business profile, strategic direction, and the operating context of the healthcare industry.\u00a0<\/span>\u00a0<\/span>\r\n\r\nIn 2025, the Board\u2019s gender composition was:<\/span>\u00a0<\/span>\r\n
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                    • 75% male<\/span><\/b>\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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                      • 25% female<\/span><\/b>\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\nThe Group also applies a Board Skills Matrix to ensure that the Board collectively\u00a0represents\u00a0competencies that are important to the hospital business, including:<\/span>\u00a0<\/span>\r\n
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                        • Medical services and healthcare management\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                            \r\n \t
                          • Business and strategic management\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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                            • Organizational development and human capital\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
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                              • Sustainability and social responsibility\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                  \r\n \t
                                • Corporate governance and risk management\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                    \r\n \t
                                  • Finance and accounting\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                      \r\n \t
                                    • Legal and regulatory compliance\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                        \r\n \t
                                      • Engineering and infrastructure\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                          \r\n \t
                                        • Information technology and digital transformation\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\n
                                            \r\n \t
                                          • Investment and business expansion\u00a0<\/span>\u00a0<\/span><\/li>\r\n<\/ul>\r\nThis diversity strengthens the Board\u2019s ability to oversee key matters in a well-rounded way, including healthcare quality, patient safety, risk management, internal control, investment decisions, and technology adoption to support long-term growth.\u00a0<\/span>\u00a0<\/span>\r\n\r\nThe Group\u2019s governance structure reflects a strong combination of clarity, independence, diversity, and effective oversight mechanisms. This supports sound strategic decision-making, stronger risk management, and long-term value creation for shareholders, patients, employees, business partners, and all stakeholder groups.<\/span>\u00a0<\/span>","protected":false},"parent":2772,"menu_order":2,"template":"","_links":{"self":[{"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/governance\/2763"}],"collection":[{"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/governance"}],"about":[{"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/types\/governance"}],"version-history":[{"count":2,"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/governance\/2763\/revisions"}],"predecessor-version":[{"id":3241,"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/governance\/2763\/revisions\/3241"}],"up":[{"embeddable":true,"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/governance\/2772"}],"wp:attachment":[{"href":"https:\/\/www.vichaivej.com\/sustainability\/wp-json\/wp\/v2\/media?parent=2763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}