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?SEC for CEO Forum? keeping abreast of sustainable development and IT risk



Friday 4 April 2014 | No. 44 / 2014


 
Bangkok, April 4, 2014 ? The SEC hosted the ?SEC for CEO Forum? to leverage private sector to tie sustainability to their business operation and prepare for mounting technology risk.

Vorapol Socatiyanurak, SEC Secretary-General said that the SEC hosted ?Modern business, attentive and ready for any situation?, the first ?SEC for CEO Forum? in 2017 to strengthen cooperation and exchange experience and insight between top executives of listed companies and the SEC. The Forum focused on corporate responsibility to society and environment along with corporate governance and anti-corruption. Featuring in the discussion were Lt.Gen.Bunjerd Tientongdee, Director - General, Defence Information and Space Technology Department and Prinya Hom-Anek, President and Founder of ACIS Professional Center Co., Ltd and a member of Thailand Information Security Association Committee who shared with the participants to raise awareness on technology risk for their proper preparation.

The SEC has promoted the importance of three aspects of sustainable development which are 1) CG in substance: building up sound business performance with sustainability and trustworthiness by emphasizing on actual practice such as encouraging directors? independence; 2) CSR in process: operating normal course of business with social and environmental responsibility while balancing stakeholder needs; 3) Anti-corruption in practice: being a role model and creating anti-corruption culture for Thai private sector.

Meanwhile, the SEC has encouraged listed companies to be aware and well-rounded of business risks, particularly risk of cyber-attacks, to ensure business continuity and prevent damage caused by deficient information security

?Currently, operating business of listed companies no longer deals with economic prosperity alone. Rather, managing societal and stakeholder needs has become equally vital to survival and competitiveness of their businesses as it does raise level of business credibility in and outside organization. Moreover, all listed firms must be well-prepared for all dimensions of business risk associated with changes which affect stability of the companies and the capital market.? said Vorapol.