FASSET ANNUAL REPORT

Table 10: ARC Composition Name

ensures that the human resources organisational structure supports FASSET’s vision, mission and activities to be undertaken by FASSET; establishes, maintains and implements human resources and remuneration strategies that ensure competitive, fair, equitable and market-related compensation policies (and which are also geared to attract, motivate and retain talented human capital); periodically reviews its the practice of diversity in the workplace and adherence to employment equity plans.

Gender Constituency

Ms Rofhiwa Singo

Female Community Organisation

Mr Peterson Khumalo Male

Organised Employer

Ms. Malande Tonjeni

Female Independent Chairperson

Table 9: Human Resources and Remuneration Committee Name Gender

Mr Vernon Makaleni

Male

Independent Member

Adv. Matime Manasoe

Male

Independent Member

Constituency

Mr. Thembelani Maphanga

Male

Independent Member (Resigned)

Mr Metuse Mbasa Male

Organised Labour

Ms Thandi Masemola Mr Nthato Mapiloko Mr Tlakale Phatlane Ms Pumla Ngwenya

Female

Organised Labour

Information and Communication Technology (ICT) Steering Committee The Organisation has established ICT Steering committee with an independent Chairperson, reporting to the Audit and Risk Committee. The Committee is chaired by Dr Charles Modau and meets once a quarter. The Chairperson is remunerated in terms of the National Treasury Board Remuneration guidelines and was remunerated R 82 103.00 for the year under review. The Committee’s responsibilities are defined in terms of King IV under Principal 12 on Technology and Information and the ICT Governance Framework that is informed by the King Code, in support of the Audit and Risk Committee. King IV emphasises that the Governing Body (a function delegated to the Audit and Risk Committee) should govern technology and information in a way that supports the organisation in defining core purpose and to set and achieve strategic objectives, organisational structure, relationships, frameworks and processes. The King IV Code (practices under principle 12) recommends that the governing body should; i. Assume responsibility by setting the direction for

Male

Organised Labour

Female

Organised Labour

Female

Organised Employer

The Audit and Risk Committee (ARC) is made up of four independent members and two Board representatives. The collective skills and expertise of the members of this committee include extensive knowledge and expertise in public sector accounting, GRAP standards, the PFMA, National Treasury Regulations, ICT governance, King IV, etc. The members also have exposure to the SETA environment. The Audit and Risk Committee has oversight responsibilities for financial management, internal controls, management of risks and monitoring of risk management policy and planning; compliance with laws, regulations, and ethics; accounting and financial reporting; internal and external audit functions; and IT governance.

FASSET Annual Integrated Report 2020/21

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