Pursuant to the Airport Authority Ordinance, the Airport Authority may establish committees to consider matters relating to specialised areas upon which they advise the Board and/or, where appropriate, decide on matters within the ambit of that particular committee. The structure and terms of reference of Board committees are reviewed by the Board from time to time in light of the Airport Authority's evolving business and operational needs. The last review on the structure was conducted in July 2014. Details of current Board committees and their principal duties are as follows:
The Executive Committee (ExCom) is responsible for exercising the functions and responsibilities of the Board between regular Board meetings. The ExCom is chaired by Mr Vincent Lo (Chairman of the Board) and has a total of eight members including its chairman. Please click here for the terms of reference of the ExCom.
Audit Committee and Finance Committee
The Audit Committee and Finance Committee (ACFC) is responsible for reviewing the Airport Authority's interim and audited annual financial statements; considering matters relating to internal and external audits as well as the Airport Authority's internal control and risk management systems; and reviewing annual budgets, financial plans, financing strategies and charging policies. Please click here for the ACFC's terms of reference.
The ACFC is chaired by Mr Benjamin Hung. It currently has six members including its chairman, most of whom are independent non-executives.
Capital Works Committee
The Capital Works Committee (CWC) is responsible for considering and reviewing policies and strategies pertaining to the procurement of capital works; making recommendations to the Board on the annual budget for capital works; reviewing the award of major works contracts; and monitoring major capital projects. Please click here for the CWC’ s terms of reference.
The CWC is chaired by Mr S S Lee. It currently has five members including its chairman.
The 3RS Committee (3RSC) is responsible for overseeing the 3RS project from planning, project implementation to successful completion of the project on time and within budget byadvising and making recommendations to the Board on all key policy matters relating to the project, reviewing the policies and strategies pertaining to the procurement of 3RS works contracts and consultancy agreements and making recommendations to the Board on subsequent tender award; reviewing and making recommendations to the Board on contract variations; monitoring the progress and implementation of mitigation directions/measures and other commitments as undertaken in the 3RS EIA Report and advising on AA's execution plan. Please click here for the 3RSC's terms of reference.
The 3RSC is chaired by Ir Y C Lo. It currently has eight members including its chairman.
The NCD Committee (NCDC) is responsible for overseeing the master planning of NCD development by advising and making recommendations to the Board on the development strategies for the NCD site; approving or making recommendations on major terms and conditions of commercial tenders; reviewing and approving procurement strategy for enabling works and consultancy agreements required for NCD development, relevant budgeting and subsequent tender award, and monitoring the progress of NCD development. Please click here for the NCDC's terms of reference.
The NCDC is chaired by Mr Peter To. It currently has eleven members including its chairman.
The Remuneration Committee (RC) is responsible for reviewing the Airport Authority's staffing, remuneration and employment policies and terms and conditions of employment. It also makes recommendations to the Board on issues such as annual corporate goals and performance measures, variable compensation and salary review. Please click here for the RC's terms of reference.
The RC is chaired by Ms Anita Fung. It currently has eight members including its chairman.