The following is an excerpt from the interview with Tan Sri Zarinah Anwar, Chairman of Institute of Corporate Directors Malaysia (ICDM):

The Edge: Tan Sri, you were chairman of the SC for six years before you retired in March 2012, so you’re in a good position to speak. You’ve seen the momentum of corporate governance (CG) build up. How different are the duties/responsibilities of a director today compared with, say, 10 years ago? How do you see these evolving, especially with many companies getting into digitisation and complex, innovative technologies?

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In the world of corporate governance, boardroom diversity is a topic that receives considerable attention.

A diverse boardroom helps businesses stay relevant with customers in an increasingly global and complex environment. Having a rich melting pot of talent and perspectives in the boardroom also leads to better decision making.

But while much has been made of gender diversity in recent times, age diversity is something that has escaped much of the spotlight.

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Boards must take stock of their effectiveness and ability to work as partners to Senior Management to effectively lead businesses into the future whilst upholding corporate governance excellence

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Builds network to elevate efforts to professionalise directorship across national borders and markets

Kuala Lumpur, Malaysia, 26 March 2024 — The Institute of Corporate Directors Malaysia (“ICDM”) today announced its collaboration with the Institute of Directors (IoD) in the United Kingdom (“UK”) the first institute of its kind, as part of its commitment to elevate governance standards, drive ethical leadership, and provide support to organisations with business relations in Southeast Asia (“ASEAN”) and UK.

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The 2024 ASEAN Board Trends Survey by the Institute of Corporate Directors Malaysia calls on boards to take stock of their effectiveness by addressing the five critical areas of board governance in Southeast Asia and introduces the ASEAN Directors Registry to advocate for enhanced regional representation.

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Collaborative review effort between ICDM, Bursa Malaysia and WTW aims to provide greater clarity on process, structure and remuneration levels across industries and market capitalisation.

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Sustained double digit year-on-year growth signals growing awareness and responsibility by senior leadership, companies and businesses to step up

 

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Budget 2023: ICDM lauds the Government’s focus on innovation and sustainability as catalysts for economic growth and greater social impact

The Budget 2023’s priority on green practices, Islamic Finance and innovation reflects a values-driven focus and approach in rebuilding, and at the same time, futureproofing Malaysia’s economy for the rakyat.

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Kuala Lumpur, 13 December 2021: The Institute of Corporate Directors Malaysia (ICDM), in partnership with six other Institutes of Directors (IoDs) across ASEAN, today released the 2022 ASEAN Board Trends Report. The report, through the lens of ASEAN directors, provides an overview of the performance of ASEAN companies since Covid-19, and reveals key boardroom priorities and challenges going into 2022. It also serves as a guide for ASEAN boards in their mission to help companies build sustainable growth.

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Kuala Lumpur, 19 November 2021 – With COP26 having drawn to a close, the Climate Governance Initiative (CGI) can look back on these two weeks with a mix of hope and relief, thrown in with concern for the opportunities missed, and a renewed determination to play our part as board members in confronting the challenges that lie ahead. As governments struggle to find consensus, business must now the lead.

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