SC: More women are independent directors at Plcs

“Eighty per cent of the women directors appointed were for the position of independent directors, allaying concerns that the mandatory rule of having at least one woman director on the board would lead to the appointment of related individuals such as family members,” says the SC.

PETALING JAYA: More women were appointed as independent directors of Malaysian public listed companies (Plcs) in 2022, according to the Securities Commission’s (SC) Corporate Governance Monitor 2022 report.

About 34% of individuals appointed to boards of Plcs in 2022 were women, compared with 23% in 2021.