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News and Highlights

Investors are looking at gender diversity even in management ranks to evaluate their holdings. This is especially vital for those in the consumer industry to have executives that match their core customer profile.

Overseas asset management and proxy advisory firms with investments in Japanese firms are voting against the selection of chairmen, presidents and nominating committee members at companies with no female board members.

A Willis Towers Watson study on the top 100 companies listed on the SGX over the past three years found strong relationships between six diversity attributes and company financial performance. Find the infographic summary here. Read article on BT here.

“We embarked on our board renewal process in 2017 with a clear view to bringing in greater expertise especially in disciplines that are new to the group.  … We have also added more female directors as part of our commitment to gender equality.” – Group chairman Lim Jit Poh

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89 Oct
Course (in UK)The Effective Non-Executive Director Programme
by Financial Times
31 Oct1 Nov
1115 Nov
Course (in Singapore)International Company Directors Course
Course (in US)Women on Boards: Succeeding as a Corporate Director
by Harvard Business School
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Interviews and Speeches

Chua Sock Koong, Singtel Group CEO

Chua Sock Koong

Group CEO, Singtel

“I’m often asked how I’ve managed to make it this far as a woman. I’m sure if I were a man, I wouldn’t be asked this question to begin with.”

Read Ms Chua’s speech at FutureBoards Cross-Border Dialogue.

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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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Peter T. Grauer

Chairman, Bloomberg LP

“Lack of (board) diversity can no longer be gotten away with by citing a lack of ‘supply’. We must recognize that it is clearly a matter of demand – and that precedent-setting demand must come from the very top of companies.”

Read Mr Grauer’s Keynote at DAC’s event here.

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Panel Discussion at Chairman to Chairman Conversation

* Peter Seah, Chairman, DBS Bank and Singapore Airlines
* S.S. Teo, Executive Chairman and Managing Director, PIL

shared their views on how companies steer through disruptive changes in technology, markets and supply chains, and issues of board diversity and resilience. Read key takeaways here.

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Key Advice from Female First-Time Directors
Compiled by the Diversity Action Committee


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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)