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Turning privilege into a force for greater board diversity

Singapore's success is built on strong meritocratic principles, and maintaining this requires constant alertness and hard work.

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Research on Singapore-listed companies has shown that those with greater board diversity - be it age, ethnicity or gender - are up to five times more profitable than those with homogenous boards.

EARLIER this year, I published details of a study showing a 43 per cent average pay gap between pay for male and female directors on the boards of Singapore-listed firms. This figure generated headlines in Singapore and beyond; and as a result, many people reached out to me on the topic of

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