Achieving adequate and effective board diversity
It will allow for rigorous discussions to take place for more effective decision making.
A LOT of ink has been spilled on the topic of board diversity. Much of the focus, however, has been on gender diversity, which is just one aspect of board diversity.
A different approach is required to cast a wider net over the subject.
While Guideline 2.6 of the Code of Corporate Governance requires that "the board should comprise of directors who as a group provide an appropriate balance and diversity of skills, experience, gender and knowledge of the company", it may not have gone far enough to recognise the complexity of the subject.
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