Company boards and nominating committees are encouraged to widen their search for competent and suitable candidates when looking for new independent directors. SID's Board Appointment Service (BAS) is an ideal tool for this search.
1. Introduction Service
SID will assist the company to determine its requirement(s) and complete the BAS questionnaire to indicate the company's preferred candidate profile and search criteria. SID will run a search through our individual members' computerized data base to identify the best matching candidates. The list of the candidates and their profiles will be forwarded to the company for consideration.
SID will also provide a sample Director's Appointment Letter.
The fee for this service is $1,500 for each request for an independent director introduction, payable in advance. However, if the company decides to abort the request or the company has not appointed a director from among the candidates introduced by SID within six (6) months from the date of the request, SID will refund $500 to the company upon request.
This service is complimentary for our corporate members once per year.
2. Enhanced Services
SID also offers the following enhanced services:
- Candidate interview & evaluation
- Board composition & collective skills review
- Board fees
Additional fees will apply for these services.
For further information, please call the Secretariat at (65)62272838.
This service provides individual members the opportunity to be selected by requesting companies for interview and consideration as a board director. Individual members who are interested in this program should furnish their personal profile by completing an online form. Since the matching process is computerized, it is transparent and provides all participating members with an equitable opportunity to be selected. All participating members shall be required to update their profiles annually to remain in the program.