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16.2%

Top 100 Primary-listed Companies

25.1%

Statutory Boards

27.8%

Top 100 Institutions of a Public Character (IPCs)

News and Highlights

Chairman of the top exemplary company Singtel, Lee Theng Kiat said, “… the breadth of perspective, expertise and backgrounds on the Board allows us to better identify and evaluate significant opportunities and risks, resulting in better decision-making and outcomes.” Click to view full list of exemplary companies.

1) Role of diversity in the firm’s long-term strategy; 2) Diversity goals, how it contributes to the overall strategy, and progress; 3) Measures of diversity; 4) How the board reflects the diversity of the firm’s stakeholders; 5) How the board executes its oversight role in diversity and inclusion.

Board Diversity in Singapore Charities seen to impact giving : Survey

A survey of 1000 respondents found that the majority recognise the importance of board diversity and believe that more diverse boards lead to better decision-making. Although giving is largely driven by a charity’s cause, good board diversity improves its public perception and can lead to increased giving. Click here for infographic.

The recent GE2020 has led to an increase in women’s representation in parliament from about 24% in 2015 to 29%. Yet, women’s representation on the boards of the Top 100 primary-listed companies on SGX is a little more than half that figure. The author suggested that there is no shortage of women in business but social and structural obstacles to their advancement remain.

View all News and Highlights

Events

30 Nov – 4 Dec2020
Course (in US)Women on Boards: Succeeding as a Corporate Director
by Harvard Business School
From 8 Dec 2020
Course (in France)International Directors Programme
by SID-INSEAD
From 6 Jan 2021
From 16 Mar 2021
Course (online)Financial Times Non-Executive Director Diploma Asia
by The Financial Times
View all Events

Interviews and Speeches

Lim Hwee Hua, Board Director of United Overseas Bank, Jardine Cycle & Carriage, and Trustee of the International Valuation Standards Council

Lim Hwee Hua

Board Director of United Overseas Bank, Jardine Cycle & Carriage, and Trustee of the International Valuation Standards Council

Board Directors may consider applying ‘P-H-D’ (People, Hard decisions, Dynamism / Digitalisation / Diversity) in board deliberations in light of unprecedented disruption due to Covid-19.

Read more about the Digital Fireside Chat with Mrs Lim here.

Sherman Kwek, CDL CEO

Sherman Kwek

CEO, City Developments Limited

“The ‘4Cs’ common to successful board directors are: Courageous, Curious, Comprehensive, and Calm”

Read more about what Mr Kwek shared at his Fireside Chat with CBD here.

Mildred Tan

Co-Chair, Council for Board Diversity

“Board Chairs and Chairmen of Nominating Committees should be more open towards looking for a wider pool of people and make a meaningful effort towards looking for a more diverse board.”

Watch Co-Chair Mrs Mildred Tan’s Interview with Singapore Tonight here.

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President Halimah Yacob

“Organisations that turn thought into action sooner rather than later, by casting the net wide to look for the best and most diverse talents and experience to serve on their boards, will position their organisations well.”

Read President’s Speech announcing the formation of the Council for Board Diversity here.

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Resources

Tips for Aspiring Board Directors
Compiled by the Council for Board Diversity

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(L-R) Front: Loh Boon Chye, Minister Desmond Lee, President Halimah Yacob, A/P Muhammad Faishal Ibrahim, Mildred Tan
Middle: Rachel Eng, Goh Swee Chen, Simon Israel, SS Teo, Kay Kuok, Janet Ang, Suhaimi Zainul-Abidin
Top : Ong Chong Tee, Ong Toon Hui, Chan Wai Ching, Tham Sai Choy, Dr June Goh, Dr Lee Tung Jean, Junie Foo
(Not in photo: Edmund Cheng, Piyush Gupta, Sherman Kwek, Mary Liew)