KUALA LUMPUR: There is potential for upside in terms of remuneration fees for non-executive directors (NEDs) in Malaysia, according to Institute of Corporate Directors Malaysia (ICDM) chief executive officer Michele Lim.
Lim said there was a huge gap between the fees received by NEDs and executive directors (EDs).
“Whether it is right or wrong, companies need to be able to compare according to the responsibilities of the NEDs today,” she said during a briefing on the Malaysian Board and Senior Management Remuneration Practices Report yesterday.

