Celebrating exemplary corporate governance

Tan Nai Lun
Published Wed, Aug 31, 2022 · 05:50 AM

Silver and bronze winners of the Best Managed Board category at the Singapore Corporate Awards 2022 weigh in.

Dan Broström, executive chairman, Rex International Holding. PHOTO: REX INTERNATIONAL HOLDING
“Board approval is required for business strategies, material capital expenditures, investments, divestments and interested person transactions. Situational analysis, cash flow projections and risk mitigation factors are robustly discussed by the risk management committee and the board. The company has been long-term debt free at the group level since its listing in 2013.”
Dan Broström, executive chairman, Rex International Holding 
Rolando Gapud, executive chairman, Del Monte Pacific. PHOTO: DEL MONTE PACIFIC
“Our company, Del Monte Pacific, with our trusted brands and healthy food products, has stayed resilient during the pandemic. With our board’s leadership, we have a rigorous, forward-looking enterprise risk management, ESG integration – such as renewable energy – and stakeholder engagement that have helped us mitigate risks, promote resilience and minimise disruption.”
Rolando Gapud, executive chairman, Del Monte Pacific 
Euleen Goh, chairman, SATS. PHOTO: SATS
“This award celebrates the passion and dedication of the SATS board, management and staff. In unity, we moved resolutely from crisis to opportunity, reshaping the business for sustained operational excellence and growth. Amid disruptive change, we remain focused on serving customers well, underpinned by sound governance practices, transparent stakeholder communications, and strong financial management.”
Euleen Goh, chairman, SATS 
Lee Sze Leong, managing director, Sing Investments & Finance. PHOTO: SING INVESTMENTS & FINANCE
“For us, it goes back to our strong governance practices and founding values – integrity, trust and accountability. While we stay nimble and business operations change with market forces, our values and good governance are the pillars that unite everyone to move in the same direction, with the same purpose, in rising up to challenges.”
Lee Sze Leong, managing director, Sing Investments & Finance
Stephen Ho, chief executive officer, Hong Leong Asia. PHOTO: HONG LEONG ASIA
“The board’s drive for sustainable growth, based on a set of core values to keep the customer first, is our compass to navigate through rising inflation and interest rates. With input costs rising, innovating with customers and suppliers to increase our supply chain efficiency is vital to creating sustainable growth.”
Stephen Ho, chief executive officer, Hong Leong Asia
Todd Dollinger, chairman and CEO, The Trendlines Group. PHOTO: THE TRENDLINES GROUP
“It’s all about our mission. Good governance requires clarity of mission – mission informs everyone relative to everything. At Trendlines, it’s our touchstone: ‘Investing to improve the human condition’. Our mission dictates responsibility to our staff, our business partners, and our shareholders. Good governance drives responsibility; mission drives good governance.”
Todd Dollinger, chairman and CEO, The Trendlines Group
Ooi Sang Kuang, chairman, OCBC. PHOTO: OCBC
“OCBC, a 90-year-old bank, has not only survived multiple recessions and political upheavals, we have thrived to become a leader in banking – innovating and creating value for our customers. This does not happen by luck or chance. It is by staying true to our purpose of serving and enriching the society while practising good stewardship and upholding the highest standards of ethics and governance.”
Ooi Sang Kuang, chairman, OCBC 

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