Insight - Board gender diversity: The 30% journey

Improved performance: Women bring their unique perspectives and experiences to the decision making process, and corporate boards are beginning to recognise the value of gender diversity.

THE board gender diversity (BGD) concept was initially introduced to the Malaysian Code of Corporate Governance (MCCG) in 2017, with improvements made in 2021.

Listed corporations on the Main and ACE Markets now are required to have 30% female representation on their board pursuant to Practice Statement 5.9 of the MCCG.