Malaysian boardrooms need more diverse skills

THE evolution of advanced technologies, disruptive business models, and stakeholder expectation shifts have drastically altered business operations. They show that the expertise and skill sets of Malaysian boards of directors require urgent revision, according to the Institute of Corporate Directors Malaysia (ICDM) chairman Tan Sri Zarinah Anwar.

In fact, most chairmen expect changes in board composition related to skills in innovation and technology. This priority is driven by the accelerated digitalisation of business since the Covid-19 pandemic began in 2020.