ICDM president and CEO Michele Kythe Lim said: “Now more than ever, a company’s board architecture and composition is critical to ensure boards are able to effectively and successfully direct or guide a company through increasingly volatile, uncertain, complex and ambiguous (VUCA) environments.
KUALA LUMPUR: The inaugural Malaysian Board Practices Review 2020 launched on Thursday reveals a greater need to improve board practices including director sourcing, skills and competencies, board evaluation and training.
The thrust of the review is to improve board practices in line with the Malaysian Code of Corporate Governance (MCCG), the Institute of Corporate Directors Malaysia (ICDM) said in a statement.
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