NParks is overseen by a Board comprising 10 members. All Board members are non-executive members, except the Chief Executive Officer. The Board derives its strength from the extensive and complementary backgrounds, qualifications and experience of its members.
The Board provides strategic direction and guidance on policies and strategies relating to NParks' achievement of its vision, mission, objectives, and performance of its functions. In addition, it oversees NParks' operating and financial performance taking into account NParks' budget, expenses, assets, transactions and projects.
In discharging its duties, the Board is supported by the following committees:
The Audit Committee comprises three nonexecutive Board members. It plays a key role in ensuring a high standard of corporate governance through independent reviews of internal controls, financial reporting processes and financial risks. In addition, the Audit Committee reviews the audited financial statements, as well as the audit plans and observations of external and internal auditors, and reviews the effectiveness of internal audit.
Chairman
Mr Guy Harvey-Samuel
Members
Ms Shantini Ramachandra
Mr Musa Fazal
The Operations Risk Committee comprises three non-executive Board members, including the Chairman of the Board. Its role is to provide strategic oversight of NParks' operations risk management framework and conduct reviews of NParks' operations risks. The Operations Risk Committee also oversees the implementation of risk mitigation plans, policies and practices.
Chairman
Mr Benny Lim
Members
Mr George Huang
Mr Cheng Hsing Yao
The Human Resource and Compensation Committee comprises three non-executive Board members. Its role is to review key human resource policies and provide strategic oversight of related risks.
Chairman
Mr Andreas Sohmen-Pao
Members
Dr Suriani Suratman
Mr Warren Fernandez
The Garden City Fund Management Committee manages and administers the Garden City Fund, a registered charity and an Institution of Public Character, to plan, develop, promote and manage the Garden City Fund in accordance with its Trust Deed. (Please click here for the work of Garden City Fund in the year in review.)
The Board meets four times a year and as and when necessary to address any significant matters that may arise. To enable the Board to fulfil its responsibilities, the Management Team provides the Board members adequate information during Board meetings and on an ongoing basis. The Board also has direct and independent access to the Management Team if further information and explanation are required.
Members of the Board are guided by a set of key principles and guidelines to ensure fairness and impartiality when they carry out their responsibilities, as well as to uphold the integrity and reputation of the Public Service, including adhering to the Public Sector (Governance) Act (Act 5 of 2018).
The Board's accounts are audited by the Auditor-General or such other auditor who may be appointed annually by the Minister in consultation with the Auditor-General. The auditor engaged for the financial year which ended on 31 March 2020 was Ernst & Young LLP. The audited financial statements and the auditor's report were submitted to the Board and the Ministry of National Development, and also presented to Parliament.
NParks' internal control system ensures that assets are safeguarded, proper accounting records are maintained, and financial information is reliable. The overall control framework includes: