Finance Committee

Finance Committee

Composition

Chairperson: Dato’ Ahmad Feisal Ahmad Tajuddin

Members:

    • Dato’ Kelvin Yit (Committee Member of Malaysia Basketball Association)
    • Mr. Andrew Bryan Perera (Advisor)
    • Mr. Aimi Aizal Nasharuddin (Advisor)
    • Datuk Subramaniam Veruthasalam (Assistant Treasurer of OCM)

Ex-Officio: Datuk Mohd Nasir Ali

Duties

The Committee shall be responsible for the following:

  • To continuously review the financial position of the OCM and to report thereon to the Executive Board and the Council as necessary from time to time;
  • To make recommendations as and when necessary, for the approval of the Executive Council relating to subscription and others fees;
  • To take responsibility for the sound investment of OCM’s liquid assets;
  • To review the Auditors Report and Statements Accounts (Quarterly and Annual) and make recommendations thereon to the Executive Board and the Executive Council;
  • To prepare the budget of the OCM and submit it to the Executive Board for approval;
  • To keep record of the movable and immovable assets of the OCM which shall show their value and to adjust this value from time to time to allow for depreciation;
  • To make recommendations as and when necessary, for the approval of the Executive Board for the procedure to be followed in conducting the financial affairs of the OCM.

Committees