Our Views
Meritocracy
And Diversity
Can Co-Exist
We support appointing board directors based on merit. However, board diversity is crucial to achieve sustained, long-lasting change.
Quotas Do Not
Guarantee
Ensuing Benefits
We are interested in having women on boards for the benefits that it brings. Meeting quotas does not guarantee that benefits follow.
Suitable Women
Candidates
are Available
Look beyond personal networks and re-examine the typical profile of board directors. The pool of candidates could be much larger than expected.
Sponsors Play an
Important Role in Growing Board Talent Pool
With their influence, sponsors that take an active role in the advancement of high-potential individuals open doors and ensure talent doesn’t go unnoticed.
Boost Investor
Confidence Through Diversity Disclosure
Companies disclosing their board diversity policy in the right spirit will help raise the profile of Singapore-listed issuers.
STATE OF board diversity disclosure OF SGX-LISTED ISSUERS
Listing Rules on board diversity disclosures came into effect for annual reports for financial years commencing on or after 1 January 2022.
What is the state of reporting of listed issuers in Singapore? What are the views of selected retail, institutional and global investors on the quality of disclosures?
SINGAPORE BOARD DIVERSITY REVIEW 2024
Board diversity progressed strongly across SGX-listed companies, statutory boards and charities in 2023, with the proportion of women directors rising to the highest on record, finds the Council for Board Diversity’s latest annual study on board gender diversity.
The data review, spanning from 2013 to 31 December 2023, was conducted in collaboration with the Centre for Sustainable Finance Innovation (CSFI), Nanyang Technological University, Singapore.
Leadership-in-action
In a world of shifting geopolitics, conflicts, trade wars, climate risks, new technologies and cyber threats, true leadership means not reacting to change but taking smart risks and shaping the future proactively.
Themed “Navigating Change, Creating Opportunities”, breakfast forum Leadership-in-Action brought together some 120 board directors representing more than 150 of Singapore’s largest organisations (Top 150 SGX-listed firms, private companies, large institutions of a public character, and statutory boards).
Organised by CBD and supporting organisation the Singapore Business Federation, discussions — featuring Caecilia Chu (Co-founder & CEO, YouTrip; Board Member, iFast Corp), Euleen Goh (Chairman, Singapore Institute of Management; Member, Public Service Commission), Dr Jeffrey Jaensubhakij (Group Chief Investment Officer, GIC) and Suhaimi Zainul-Abidin (CEO, Quantedge Capital; Board Member, NVPC) — centred on the board of director’s role in setting strategic direction, particularly in dynamic times.
Progress of Women on Boards
As at 31 Dec 2024
As at 31 Dec 2024
As at 31 Dec 2024
