Corporate Operation Organizational Chart
Corporate Operation Organizational Chart
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Board of Directors

The 15th Board of Directors consists of 7 directors (including 2 independent directors) and 3 supervisors.

All serve for three-year terms. The term of office of the current Board of Directors is from June 3, 2016 to June 2, 2019.

Chairman

Peter Tsai

  • Bachelor of Chinese Literature, Soochow University
  • Chairman, Orient EuroPharma Co., Ltd.

Director

Jack Wu

  • Bachelor of Science in Pharmacy, Taipei Medical University
  • General Manager of Nutricare BU, Orient EuroPharma Co., Ltd.

Director

Sylin Ltd. (Bermuda)

Representative: Peter Wang

  • EMBA, National Taiwan University
  • President, Wyeth (US) / Taiwan Wyeth

Director

Sylin Ltd. (Bermuda)

Representative: Chi-Chow Liao

  • St. John’s University Industrial Pharmacy Ph. D
  • General Manager, Medical and Pharmaceutical Industry Technology and Development Center
  • Director of Pharmaceutical Affairs, Taiwan Food and Drug Administration

Director

Calvin Tsai

  • Accounting, University of California. Riverside, USA
  • General Manager, Orient EuroPharma Co., Ltd.

Independent Director

Hwa-Min, Lin

  • Master of Business Administration, Keio University, Japan
  • Chairman and General Manager, IFCT Consulting Co., Ltd.

Independent Director

Praveen Tyle

  • President & CEO, Osmotica Pharmaceutical corporation, USA
Supervisor

Independent Supervisor

Richard Yang

  • Master of Accounting, Soochow University
  • CPA, Richard Yang and Co.

Supervisor

Taiwan Excelsior Co., Ltd.

Representative: Chin-Hsin Hsu

  • LL.M.,Northwestern University, USA
  • Judge, Taiwan Keelung District Court
  • Associate partner, Formosa Transnational Attorneys at Law
  • CLO, Mercuries & Associates, Ltd.

Supervisor

Cynthia Lin

  • Bachelor of Commerce, National Taiwan University
  • Director, Taiwan Excelsior Co., Ltd.
Diversity of Board Members
Name Gender

Ability to make

operational judgement

Ability to perform accounting and financial analysis Ability to conduct management administration Ability to conduct crisis management Knowledge of the industry International market perspective Ability to lead Ability to make policy decisions
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Peter Tsai Male oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Jack Wu Male oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Peter Wang Male oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Chi-Chow Liao Male oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Calvin Tsai Male oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Hwa-Min Lin Male oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Praveen Tyle Male oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Richard Yang Male oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Chin-Hsin Hsu Female oep_investors_check   oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Cynthia Lin Female oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check oep_investors_check
Remuneration Committee
The 3rd Remuneration Committee consists of 3 members. The term of current Remuneration Committee members is from June 3, 2016 to June 2, 2019, the same as that of the board of directors by whom they were appointed.

Hwa-Min, Lin

  • Master of Business Administration, Keio University, Japan
  • Independent Director, Orient EuroPharma Co., Ltd.
  • Independent Director, Orient Pharma Co., Ltd.
  • Independent Director, Redhorse Corporation
  • Chairman and General Manager, IFCT Consulting Co., Ltd.
  • Director, Taiwan Private Equity Association

Kathy Yang

  • MBA, Human Resources Management, National Central University
  • Vice President, ABB Ltd.
  • Director & Principal Consultant, Willis Towers Watson
  • HR Director, ISS Facility Services Taiwan Ltd.
  • HR Director, NXP Semiconductors Taiwan Ltd.
  • HR Director, ZT Systems

Amy Huang

  • Biochemistry Ph.D. Program, Rutgers State university of New Jersey, USA
  • BS of Chemistry, National Tsing Hua university, Taiwan
  • Vice President, Taian Technologies Corp.
  • General Manager, Maxpro Venture
  • Independent Director, Orient Pharma Co., Ltd.
  • Board of Director, Topmunnity Therapeutics Ltd.

Elaboration on Internal Auditing Organization and Operation

 

 

Purpose of Internal Audit

The purpose of setting up internal audits at OEP is to examine and evaluate the validity of internal control systems, measure operational efficiency and compliance with applicable laws, and provide improvement suggestions whenever needed so as to ensure the continuous effective implementation of internal control.

 

Internal Auditor Setup

Our company has one internal auditor who is directly responsible to the Board of Directors.

 

Operation of Internal Audits

 

1. Scope of Audit:

Internal auditing works include inspecting and evaluating the adequacy and validity of the internal control systems of the company’s departments as well as performance in business activities.

 

2. Target of Audit:

Targets include all business activities that are responsible by all units of the company and associated branches.

 

3. Method of Audit:

In principle, auditors should conduct onsite auditing on the unit under audit and may ask the unit under audit to provide documents, accounting books, certificates, and other printed information for auditing.

 

4. Internal Audit Operating Procedures:

  1. Audit works include audit planning, information inspection and assessment, result communication, and follow-up reviews.
  2. Annual audit plans should be based on risk assessments. Audit procedures should be established for individual cases and compiled into work sheets.
  3. At the end of an onsite audit, audit results must be fully communicated to the head of the unit under audit. When necessary, improvement plans and expected date of completion for the unit under audit should be obtained, and auditors should track any actions of improvements.

 

5. Submission of Audit Report:

  1. Auditors should truthfully disclose errors and irregularities identified during inspection in audit reports, and
  2. conduct follow-up on these findings and produce them into a follow-up report.