Board diversity

Rival corporate governance body to SID is launched

GDInstitute is founded by Mak Yuen Teen, with former EDB chair Philip Yeo serving as honorary adviser

There remains 19.8% of listed companies that are still disclosing their directors’ remuneration in bands, a report by the Singapore Institute of Directors shows.

Disclosures of directors’ fees shot up after change in listing rules: SID report

The number of listcos with independent directors serving more than nine years has fallen to 3.2%

Singapore has boosted women’s presence in boardrooms without resorting to quotas – an achievement built on persuasion instead of prescription.
BRUNCH

‘The talent is there’: Is Singapore’s push for board diversity turning a corner?

Progress has been made, but questions remain over whether inclusion is now structural or still symbolic

Women held 13% of all board leadership roles in Singapore-listed companies last year, up from 11% in 2023.

Proportion of female directors at top 100 SGX companies surpasses 25% target in 2024

But a study finds that 31% of all Singapore-listed firms continue to have all-male boards

Companies will do well not to conflate diversity with preferential treatment. Diversity is about cognitive diversity of thought and experience to help better decision-making.

Unlocking potential: Board diversity can help drive business success

An inclusive boardroom culture ensures open dialogue and active participation, enabling directors from different backgrounds to contribute effectively

Female participation on boards of the top 100 listed companies in Singapore rose to 22.7 per cent as at June 2023, versus 15.2 per cent as at December 2018.
SENSE & CENTS

As an investor, I am fine if companies dial down on diversity initiatives

What matters are profits, financial prudence, shareholder treatment and ethics 

Tracking cognitive diversity can help companies combat groupthink.
THINKING ALOUD

Companies should aim for ‘cognitive diversity’ in their boards

Diversity goes beyond pure demographics and can’t just be a box-ticking exercise

Boards of Singapore-listed companies are more diverse than six years ago, based on the 2025 edition of the Singapore Board Diversity Index.
ESG INSIGHTS

Issue 133: Doing diversity the right way; Singapore banks’ carbon bet

This week in ESG: Study finds improved diversity in Singapore boards; Singapore banks invest in carbon capabilities

SGX’s move to cap independent directors’ tenure at nine years seems to have helped improve diversity, said Shai Ganu, WTW’s managing director and global practice leader for executive compensation and board advisory.

Singapore listcos improve board age and gender diversity, but not cultural background mix: study

Findings show both progress and challenges that remain, says Terence Quek, chief of the Singapore Institute of Directors

The New Orleans-based 5th US Circuit Court of Appeals on a 9-8 vote sided with two conservative advocacy groups in finding that the rules approved by the US Securities and Exchange Commission ran afoul of federal securities law.

US appeals court tosses Nasdaq board diversity rules

A US appeals court on Wednesday ruled that Nasdaq could not impose rules requiring companies listed on the exchange to have women and minority directors on their boards or explain why they do not.