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Preparing for an independent directors-led corporate board

Having an effective board with the appropriate level of independence and diversity of thought is key to a company's success.

Independent directors need to be prepared to take a more active role in questioning, assessing and defending decisions on strategy and policy that are presented to them.

WE are entering a phase in our corporate governance history where more independent directors (IDs) are expected to lead corporate boards with majority voting control at board meetings.

This will be largely precipitated by the revised Code of Corporate Governance issued in August 2018,...

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