Other Committees | The Hongkong and Shanghai Hotels, Limited

The Company has also established the Group Management Committee to oversee day-to-day business management matters of the Group, the Corporate Responsibility Committee to monitor and oversee the implementation of our corporate responsibility and sustainability policy and initiatives, the HSH Retirement Plan ORSO Committee to monitor and oversee the strategic, administrative and operational aspects of the HSH Retirement Plan and the Group Risk Committee to oversee top tier risks of the Group and related contingency plans.

Composition:

Mr. Clement K.M. Kwok (Chief Executive Officer) (Committee Chairman)
Mr. Neil J. Galloway (Chief Financial Officer)
Mr. Peter C. Borer (Chief Operating Officer)
Mrs. Maria Razumich-Zec (Regional Vice-President – USA East Coast)
Mr. Martyn P.A. Sawyer (Group General Manager, Properties and Clubs)
Ms. Rainy Chan (Area Vice-President – Hong Kong and Thailand)
Ms. Christobelle Liao (Company Secretary and Corporate Counsel)
Ms. Sindy Tsui (General Manager, Human Resources)

Main responsibilities:

review and monitor all aspects of day-to-day operations and business affairs of the Group;
business development;
formulate strategic objectives and action plans including:
overall corporate and financial structure;
strategic investment plans;
major investments and divestments;
reviewing and improving operational efficiency;
determine marketing and branding direction;
strategy for new developments; and
human resources planning and development
determine ways to mitigate the risks identified by operational management.

Composition:

Mr. Clement K.M. Kwok (Chief Executive Officer) (Committee Chairman)
Selected members of senior management, operations General Managers and corporate General Managers

Main responsibilities:

form Group policies and implementation in relation to sustainability; and
oversee and monitor the implement of sustainability policies and practices on a regular basis.

Terms of reference (PDF)

Composition:

Mr. Neil J. Galloway (Chief Financial Officer) (Committee Chairman )
Selected members of senior management, corporate General Manager and selected representative from operations

Main responsibilities:

review, monitor and advise or make recommendations on strategic, administrative and operational aspect of the HSH Retirement Plan.

Composition:

Mr. Neil J. Galloway (Chief Financial Officer) (Committee Chairman)
Selected members of senior management and corporate General Managers

Main responsibilities:

act as coordinator to ensure each operation addresses risks identified, track progress of mitigating plans and activities of key business risks, and report on examinations of specific risks;
develop governing policy, procedures and instructions to the purpose, application and completion for Group Risk Register; and
submit a summary of top tier risks and related contingency plans to the Audit Committee and circulate to the Board, with regular updates to the Group Management Committee.