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Board of Directors

Dara Khosrowshahi steps down from the board as Grab continues with its effort to complete the proposed acquisition of foodpanda’s Taiwan business.

Transport & Logistics

Uber CEO Dara Khosrowshahi steps down from Grab’s board

Uber’s economic interest in Grab is unchanged by this transition

A distinct separation of duties in a family enterprise protects both the business and the family.

Opinion & Features

THE BROAD VIEW

Family businesses fail when members overstep their roles

The lines between shareholder, director and executive must be clear

The Reit’s portfolio includes leasehold interest in three properties located in Singapore: Jem, 313@Somerset (above) and PLQ Mall.

Companies & Markets

Lendlease Global Commercial Reit manager appoints existing director Penelope Ransom as board chair

CEO Guy Cawthra becomes an executive director

The board owns succession, yet its success is almost impossible without the active involvement of the incumbent CEO.

Opinion & Features

If CEO succession is so well researched, why do so many boards still get it wrong?

Directors should rethink the questions they are asking

As Singapore’s stock market regulation shifts further towards a “buyer beware” approach, greater transparency on potentially material matters is essential to enabling sound decisions in the market.

Companies & Markets

HOCK LOCK SIEW

The bright side to the CSE Global clash

Coming amid the company’s strategic review, the incident offers a chance to hash out potential governance risks

Board changes should not be seen as a box-ticking exercise, but the opportunity for strategic conversations, says Heidrick & Struggles partner Terence Quek.

Companies & Markets

‘Quite alarming’: More companies must think about replacing their CEOs, boards

Apac firms’ significant lack of confidence in their renewal processes may spell trouble, warns Heidrick & Struggles’ Terence Quek

From left: Gan Seow Kee, co-chair of CBD; Ang Wan May, managing partner at Egon Zehnder Singapore; and Goh Swee Chen, co-chair of CBD, at the launch of the joint study.

Companies & Markets

Board diversity is good, but inclusion is important too: study of SGX listcos

Share of directors of locally listed firms who believe different perspectives will boost company performance is lower than global level

The emergence of frontier artificial intelligence models that can identifiy vulnerabilities in code will likely increase the volume and speed of attacks on IT infrastructure.

Opinion & Features

Will the step forward in frontier AI mean a step backward in cybersecurity?

Organisation leaders must rethink their approach to managing IT risks

Ahead of its AGM on Apr 30, Fu Yu Corporation says its dividend policy of returning at least 50% of profits to shareholders remains unchanged.

Companies & Markets

Fu Yu shareholders question board credentials amid governance turmoil

Directors’ nationalities and seeming lack of experience with SGX-listed companies are among their concerns

In Asean, where many family businesses are transitioning from founder-led leadership to sibling partnerships, it is important to build strong governance foundations.

Opinion & Features

THE BOTTOM LINE

Why family enterprises must move from ‘paper boards’ to real boards

Without strong governance structures, the board becomes the stage for conflict

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