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Statistics

33

companies appointed women board directors from Jan to Jun 2018

added women to their board in 2018

Click here to view full list of companies that added women to their boards in 2018

14.7%

women on boards of Top 100 primary-listed companies as at 30 June 2018(Click here for DAC’s Press Release)

News and Highlights

Loh Boon Chye, DAC Chairman said, “Companies are making encouraging progress… I hope that more companies will think how their board composition could be strengthened in line with its strategic gaps.”    READ MORE: PRESS RELEASE | BT STORY

BT speaks with three senior female executives on their experience in succeeding at work overseas. Click HERE to read the interview with Jill Lee (Sulzer), Pearlyn Phau (DBS) and Jenny Lee (GGV Capital).

Using econometric techniques, the study by NUS Business School established a relationship between women on boards and financial performance, through corporate governance. Piyush Gupta, CEO of DBS Group, said: “Boards that strive for effectiveness and embrace diversity as a mechanism to deliver effectively are likely to perform better than other boards.”

McKinsey shares its thoughts on how companies in Singapore can achieve greater gender diversity on their boards: 1) Change to a mindset of urgency, 2) Expand criteria, 3) Maintain active pipeline, 4) Promote workforce practices beneficial to women.

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Events

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Interviews

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Simon Israel

Chairman, Singtel and Singpost

“Board diversity is an important contributor to Board effectiveness and high performing Boards. While gender diversity is only one dimension of diversity, it is an important one and and is a hallmark of progressive Boards.”

Watch Mr Israel’s keynote address at DAC’s event here.

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Panel Discussion at DAC Seminar on 29 Jun 2018

Corporate leaders discuss their views on board diversity.

Click here to watch the panel discussion with Piyush Gupta (CEO, DBS Group), Min Lan Tan (APAC Head of Chief Investment Office, UBS Global Wealth Management), Diaan-Yi Lin (Senior Partner, Singapore, McKinsey & Company)

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Peter Seah

Chairman, DBS Bank

“You will see richer dialogue and discussion with women on boards. Because of our good experience, we now always insist that we have women on our Board.”

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Euleen Goh

Independent Director, DBS & Non-Executive Director, CapitaLand Limited

“Too many times the thinking is: ‘We know what’s out there, we know who’s out there. We’ll just appoint the people we know’ rather than ‘let’s take a meaningful look at the wider pool of people and try to bring much more diversity to the board’.”

View all News and Highlights

Resources

Board Diversity Disclosure Examples
from Annual Reports of Leading Companies
Compiled by Diversity Action Committee

Women on Board: Making a real difference
24 interviews with women board directors by Singapore Institute of Directors

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Our Committee

The Diversity Action Committee is an 18-member Committee comprising corporate leaders and professionals from the business, people and public sectors, formed to address the under-representation of women on boards of companies in Singapore.