Family Takaful Product Development Committee

 
11.0 
EVALUATION
 
The Board must carry out annual board evaluations to objectively assess the 
performance and effectiveness of the Board, the board committees and individual 
directors. This is important to enable the board to identify areas for professional 
development and process improvements, having regard to the changing needs of the 
Company. 
 
12.0 
REVIEW OF TERMS OF REFERENCE/BOARD CHARTER 
 
12.1 
The Directors may review TOR/Board Charter from time to time or as and 
when deemed necessary. 
 
12.2 
Any alteration or amendments to this TOR/ Board Charter, as proposed to the 
Board or any third party, shall first be presented to the Board for its approval. 
 
12.3 
Upon the Board’s approval, the said alteration or amendments shall form part 
of this TOR/Charter and this TOR/Board Charter shall be considered duly 
revised or amended. 
 

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SYARIKAT TAKAFUL MALAYSIA AM BERHAD 
[201701032316 (1246486-D)] 
(Incorporated in Malaysia) 
 
TERMS OF REFERENCE OF BOARD OF DIRECTORS (
“TOR”)/BOARD CHARTER-
CONT’D 
13 
12.4 
The Policies and activities of the Company shall be subject to the TOR, 
framework and policies set by the holding company, Syarikat Takaful 
Malaysia Keluarga Berhad. 
 
This is to ensure alignment with, and is reflective of the Group practice. 
 
Dated this 21
st
day of October 2021 

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Appendix 1 
SYARIKAT TAKAFUL MALAYSIA AM BERHAD 
(201701032316 [1246486-D]) 
(Incorporated in Malaysia)