The roles and functions of the Council are:
The primary objective of the Human Capital Development and Compensation Committee (HCDCC) is to provide a formal and transparent procedure for the formulation of policies, as well as processes with regards to matters relating to the employment, well-being and development of the employees of FAA, by ensuring that their terms of employment, remuneration, compensation and benefits, career development, succession planning, as well as training and development initiatives are competitive and consistent with FAA’s culture, objectives and strategy.
The Board shall appoint a committee consisting of three Directors and chaired by the Chairman of FAA Board, and the Chief Executive Officer of FAA shall have a standing invitation to attend each meeting. The committee will meet at least once a year to review the compensation and benefits recommendations for FAA employees and any such additional meetings as deemed necessary by the Chairman of the committee to fulfil its role.
