Three changes that would make Sias a much stronger outfit

I REFER to the report "Fifteen years on, is Sias still relevant?" (BT, Oct 3).

The Securities Investors Association of Singapore (Sias) has played an important role in our corporate governance landscape. It was first off the blocks in recognising companies for corporate governance and transparency through awards, and initiated Corporate Governance Week five years ago to educate and focus attention on corporate governance.

It is particularly appropriate for an investor body such as Sias to be involved in recognising and rating companies on corporate governance and transparency, as after all, the main purpose of good corporate governance and transparency is to improve long-term corporate performance and accountability for the benefit of investors and other key stakeholders.