The Listed Company Director (LCD) Programme is the first of its kind to focus on comprehensive training of company directors, particularly independent directors, on compliance, regulatory and corporate governance matters. All directors serving on boards of listed companies and those aspiring to are encouraged to complete the five (5) modules of the LCD Programme to acquire the minimum knowledge of what is expected of a listed company director.
Completion of the five modules within the LCD Programme will provide the attendee with a broad understanding of the roles and responsibilities of a listed company Director, in particular those of an Independent Director, under the requirements of the Companies Act, SGX Listing Manual and Code of Corporate Governance.
Upon completion of the LCD Programme, the attendee will receive a Certificate from the Singapore Institute of Directors.
The five (5) modules of the LCD Programme are:
| Event Code | Module | Duration |
|---|---|---|
| LCD 1 | Listed Company Director Essentials-Understanding the Regulatory Environment in Singapore: What Every Director Ought to Know | Full day |
| LCD 2 | Audit Committee Essentials | Half day |
| LCD 3 | Risk Management Essentials | Half day |
| LCD 4 | Nominating Committee Essentials | Half day |
| LCD 5 | Remuneration Committee Essentials | Half day |
Listed Company Director Essentials (LCD 1)
This module covers directors'' duties and responsibilities, SGX Listing Manual and Singapore Code of Corporate Governance.
Audit Committee Essentials (LCD 2)
Audit Committees play a key role in the governance and oversight of companies. They are central to establishing good internal controls and risk management systems as well as delivering quality financial reporting and instituting strong processes for the proper review of interested party transactions. The growing complexities of the business environment impose even greater demands on Audit Committees.
This module identifies the duties, responsibilities and rights of Audit Committees and provides an introduction and practical guidance to help prepare Audit Committee members meet their responsibilities.
Risk Management Essentials (LCD 3)
Boards and Board Committees play a key role in considering and addressing specific risks facing an organization and also in monitoring the effectiveness of systematic risk management systems that go beyond the consideration of a company''s financial risks.
This module introduces the roles and responsibilities of directors in relation to risk management and provides a practical programme to help them to meet their responsibilities.
Nominating Committee Essentials (LCD 4)
In this module, we''ll look at the increased expectations of Nominating Committee as the focus moves from mere compliance to enabling performance. The module provides guidance on the identification and attraction of quality directors with the right blend of industry experience and business/functional skill sets, nominations, on-boarding, development, evaluations, retention, and succession planning.
The NC Essentials blends real issues with practical solutions. The half-day module is designed to provide an overview of the issues facing a NC, suggested practices, case studies, and voice of a practitioner and/or panel discussion.
Remuneration Committee Essentials (LCD 5)
With intense shareholder scrutiny, media attention and the ever-increasing complexity of business management and executive compensation plans, it seems that chairing and serving on the Remuneration Committee (RC) is becoming one of the most difficult jobs in corporate boards these days. Shareholders will increasingly demand the RC to take a higher level of active oversight in how directors and senior executives are being paid and scrutinize the business rational behind every single compensation component.
Against the backdrop of the current expectation, the RC Essentials aims to blend real issues with practical solutions. The half-day module is designed to provide an overview of the issues facing a RC, suggested practices, case studies, and voice of a practitioner and/or panel discussion.