Navigating Directorship: Legal Consequences, Responsibilities and Risks In Office (An extended version of the PowerTalk on Being Sued as an INED: Personal Journey)

Navigating Directorship: Legal Responsibilities and Risks in Office’ offers a deep dive into the legal landscape surrounding directors’ duties and liabilities whilst in office. An extended version after “PowerTalk on Being Sued as an INED: Personal Journey” based on registrants’ interest in this topic.

First-hand experiences shared by Chithra Ganesalingam, former independent Chairman of Apex Equity Holdings Berhad. Participants will leave session gaining valuable insights into navigating litigation, comprehending legal processes, jargons and hurdles.

The programme will delve into areas of concern for directors on litigation risks, exploring safeguards and risk mitigation solutions including Directors and Officers (D&O) liability insurance.

This programme will feature detailed analysis of directors’ indemnity provisions under the Companies Act 2016 supported by case studies. The session will be jointly conducted with an insurance broker to explain nuances of D&O liability insurance, extent of coverage and claim process.

This programme is the first of its kind introducing “bite size” easy to understand concepts with the ultimate aim of empowering directors, executives and legal professionals knowledge to understand their legal responsibilities. The session will explore:-

  • How the legal responsibilities work in practice;
  • Simple methods of safeguarding oneself;
  • Suggestions on enhancing governance practices;
  • Mitigating legal risks; and
  • Leveraging insurance solutions.

ICDM Director Series 2024: What’s REALLY Keeping You Awake at Night?

Embark on a transformative journey of governance excellence and organisational resilience with the ICDM Director’s Series 2024. This exclusive series tackles some of the core issues that are still keeping directors up at night and aims to offer practical insights and actionable strategies for directors to navigate through these complex corporate landscapes effectively. Join us to address your most pressing governance concerns, expand your knowledge, and network with industry peers. Empower yourself to lead with confidence, make informed decisions, and drive governance excellence and organisational success.

Elevate your directorship to new heights. Register now and equip yourself with the tools and knowledge needed to navigate today’s dynamic business environment with strategic foresight and resilience. Keep a look out for the announcement of other programmes under this series in 2024!

Learning Outcomes

  • Gain a nuanced understanding of directors’ legal responsibilities and liabilities in their office as directors.
  • Easily understood practical strategies for navigating legal responsibilities.
  • Understand the intricacies of Directors and Officers (D&O) liability insurance in mitigating risks.
ICDM, Penta Training Room
12 Jul 2024
9:00 am - 12:00 pm
Chithra Ganesalingam, Former Non-Executive Chairman of Apex Equity Holdings Berhad
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Programme Agenda: Friday, 12 July 2024 | 9:00 am – 12:00 pm

TimeActivity
9.00am – 9.05amProgramme Introduction & Housekeeping
9.05am – 10.30am
  • Understanding the legal framework in Malaysia
  • Directors Responsibilities 
  • Indemnity provisions under the Companies Act 2016
  • Overview on D & O insurance by insurance broker 
10.30am – 10.45amNetworking Break 
10.45am – 12.00pm

Panel Discussion

  • Discussion on simulated scenarios (to be distributed prior to session)  
12.00pmProgramme Ends

Speakers

Chithra Ganesalingam Former Non-Executive Chairman of Apex Equity Holdings Berhad
Chithra Ganesalingam
Former Non-Executive Chairman of Apex Equity Holdings Berhad
Devakumaran Palnisamy Managing Director, FINPRO & Placement, Marsh Malaysia
Devakumaran Palnisamy
Managing Director, FINPRO & Placement, Marsh Malaysia