The Board of Directors (BOD) of the organization has approved the second amendment to the operating regulations to enhance management and operational efficiency. Key points of the amendments include:
1. **Organizational structure**: Alteration of BOD composition to increase diversity and representation of various interest groups.
2. **Functions and duties**: Clarification of the BOD’s oversight and executive functions, especially in approving development strategies and investment plans.
3. **Decision-making process**: Improvement of meeting and decision-making procedures, ensuring greater transparency and efficiency.
4. **Meeting times and frequency**: More specific regulations on regular and extraordinary meeting times as needed.
5. **Responsibilities and obligations**: Affirmation of each BOD member’s responsibility to ensure the organization’s activities meet the expectations of shareholders and customers.
This amendment is expected to enable the BOD to operate more effectively, thus enhancing the organization’s competitiveness and sustainable development.
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