Good Governance Never Sleeps

September looks set to be another action-packed month.

Our annual SID Directors Conference on 1 October is shaping up well to deliver yet another dynamic experience for board and company leaders.

Guest-of-Honour Teo Chee Hean, Senior Minister and Coordinating Minister for National Security, will have a dialogue with SID immediate past chair Wong Su-Yen. Their discussion on global shifts and trends and their impact on Singapore promises to be a riveting session.

Koh Boon Hwee, chairman of SGX Group will engage in conversation on Thriving Boards in Disruptive Times. And a panel comprising leaders from MAS, ACRA, SGX and Charity Council will share their perspectives on how directors can navigate the changes to Singapore’s regulatory landscape.

Four interactive zones will feature sessions on digital, human capital, sustainability and directorship. And to wrap up the programme, there’ll be a happy hour in the main hall. We can’t wait to bring together more than 800 speakers, partners and attendees for a day of experience sharing, knowledge exchange and professional networking.

If you’ve missed out on earlier ticket offers, you can enjoy special discounts for purchase of two or more tickets. Write in to [email protected] to secure your seats.

To borrow a phrase from the Global Network of Director Institutes (GNDI), “Good Governance Never Sleeps”. The GNDI will hold its 24-hour virtual conference from 29 to 30 October. Representing 26 institutes of directors around the world (including SID), GNDI connects more than 150,000 directors and governance professionals. Registration is free.

The SID Director Accreditation programme was launched in May. Accreditation supports SID’s mission to uplift the directorship profession by establishing standards for director competency and encourages directors to stay relevant through continuous professional development.

An online search tool on SID website will be available later this month for members of the public to verify the credentials of accredited directors and senior accredited directors. Directors keen to achieve an accreditation credential can sign up for the SID Accreditation Exam taking place in October (the next window will be in 2025). You can also register for the online preparatory course here.

For members waiting to attend the Listed Entity Director Programme, registration for the in-person courses in October is now open. For a limited time, participants who complete the full programme – all nine modules including the ESG Essentials – will receive a complimentary set of Corporate Governance Guides for Boards in Singapore, access to webinars and regulatory updates, and priority registration for the Audit and Risk Committee Seminar in January 2025.

SID is excited to announce the Advanced Programme in Sustainability for Listed Entity Directors, starting in November. Supported by Singapore Exchange Regulation and developed in collaboration with KPMG in Singapore, this advanced course will help prepare board directors to meet evolving regulatory requirements. Indicate your interest to receive updates on the programme here.

If you or your board would prefer to curate your own curriculum to meet specific learning objectives, why not consider our custom board development and training? From cyber security risk management to sustainability strategies, or holistic training on financial governance and board evaluation, we can tailor a programme to suit your requirements. Our expert faculty comprises seasoned board practitioners, industry experts and academics, who bring global insights with a local context. SID corporate members enjoy a discount on our customised training. Click here to get in touch.

If you are a director on an SGX ListCo, don’t miss a special briefing on 17 September by Amar Gill, Secretary General of the Asian Corporate Governance Association who will share his insights on how Singapore’s corporate governance practices compare to other regional markets and how companies can work with regulators, investors and stakeholders for a stronger ecosystem. Sign up here for this inaugural event by SID and ACGA.

Looking ahead, SID would like to inform members of a forthcoming adjustment in membership fees from $250 to $300 per annum starting 1 July 2025. This change will fuel SID’s growth plans to provide high-quality programmes and services that support directors’ professional development and the advancement of corporate governance in Singapore.

With so much taking place this month, we look forward to having you at one of our many activities.

HIGHLIGHTS

Briefing for SGX ListCo Directors on CG Watch ASEAN
17 September 2024 | 10.00am – 12.00pm | 168 Robinson Road

The Asian Corporate Governance Association (ACGA) published its CG Watch report for ASEAN “Spectrum of Standards: Regulators set the tone on CG progress” in June. The report ranks the five main markets in the region (Singapore, Malaysia, Indonesia, Thailand and the Philippines) taking into account public governance, rules, enforcement, listed companies, investors, auditors and civil society/media. While Singapore leads the pack, it slips down a notch in the overall 2023 CG Watch APAC market rankings. Amar Gill, Secretary General of ACGA shares insights and perspectives from the research.

SID Directors Conference 2024
1 October 2024 | 9.30am – 5.30pm
Suntec Singapore Convention & Exhibition Centre

This year’s conference Directorship in Transition: Redefining Roles, Risks and Results explores the evolving landscape of corporate governance. Geopolitical shifts, regulatory changes and climate change are reshaping expectations of boards and governance frameworks. This full-day conference features distinguished speakers and industry experts who will delve into the multifaceted challenges facing boards and directors today. Check out our special group bundle deals here, tickets are selling fast.

Sustainability Transformations in Family Firms
16 September 2024 | 3.00pm – 5.00pm | One Farrer Hotel

Many family firms are rethinking their operations to meet evolving ESG expectations – especially younger generations keen to champion a sustainability transformation in their family business. How do families go about transforming their traditional business operations? Who drives the process – the family or outside directors? And how can the board facilitate the transformation? Join us as we discuss how family CEO-owners can work with external professionals for sustainable outcomes in family businesses.

Listed Entity Director Programme (Mandarin)
18 – 25 September 2024 | Online Webcast

The Listed Entity Director (LED) Programme is supported by the Singapore Exchange. It is a pre-requisite course for first-time appointees on boards of listed companies to equip them with the skills and knowledge to execute their roles as directors effectively. The focus is on the range of regulatory, compliance and corporate governance matters of listed companies in Singapore. This Mandarin version of the core LED modules is designed for senior management and board directors who are fluent in Mandarin, and registration is for the full course.

SID-SMU Directorship Programme Preview Session (Complimentary)
19 September 2024 | 5.30pm – 6.30pm | Online Webcast

Launched in 2007 in partnership with Singapore Management University (SMU), the Singapore Directorship Programme is the first local directorship training programme with formal certification. Set within an Asian context, the six core modules are designed to enhance participants’ boardroom skills and update their knowledge and capabilities to navigate an increasingly complex business environment. To find out more about the SID-SMU Directorship Programme, join us for our Preview. Expert faculty will share highlights of the programme and address your queries.

Up Close and Personal Chat & LinkedIn Workshop (For SID Members only)
20 September 2024 | 3.00pm – 6.00pm | 160 Robinson Road

How do you go about getting yourself in front of boards looking to appoint new directors? What should you do to attract the attention of recruiters? Join us at this SID Women Directors Chapter event featuring Tom Mutch (Partner at Odgers Berndtson) and Carmen Wee (experienced board member) who bring their extensive experience in board search and human capital management. A LinkedIn workshop with Serla Rusli (Senior News Editor) and Toh Ting Wei (News Editor) will offer tips on building your personal brand on the social media platform.

Governance for Outstanding Organisation Directors Programme
3 October – 5 November 2024 | Social Service Institute

The Governance for Outstanding Organisation Directors (SGOOD) programme is designed around the learning needs of board members of nonprofit organisations. The programme goes beyond the basic compliance requirements of a nonprofit director to provide an understanding of the various aspects of a nonprofit and good governance practices. The programme is developed in collaboration with the Social Service Institute, a division of the National Council of Social Service.

Training grants are available from the Charities Capability Fund by NCSS (subject to approval).

Listed Entity Director Programme
8 – 15 October 2024 | PARKROYAL COLLECTION Marina Bay

The Listed Entity Director Programme is a pre-requisite course supported by the Singapore Exchange for first-time appointees on boards of listed companies. For a limited time only, complete all core and optional modules this year and get a waiver of accreditation exam fees. Plus, receive a set of Corporate Governance Guides for Boards and complimentary access to webinars and regulatory updates, as well as priority registration for the Audit and Risk Seminar in January 2025. Seats are limited for these in-person sessions, sign up now.

SID Directors Bulletin
Regulator’s Voice: Climate Reporting to Help Companies Ride the Green Transition

Last year 2023 was the hottest year on record. Weather-related natural disasters across the world cost a record high of US$63 billion, around S$85 billion. ACRA’s Assistant Chief Executive Kuldip Gill urges boards to step up as stewards of sustainability and steer companies to embed climate considerations in their organisations. The momentum for bolder climate action is gaining pace. Boards play a critical role in setting climate-related goals, overseeing management’s implementation of sustainability strategies, and ensuring alignment with the company’s long-term objectives.

SID Directors Bulletin
Ask Mr Sid: Wrestling with Wokeism

The green wave is seeping into the boardroom agenda. Businesses can no longer ignore the growing focus on sustainability. How can companies address rising expectations for public accountability and transparency? Our resident consultant Mr Sid considers the legal and moral responsibilities of boards to their stakeholders, in dealing with issues of environmental, social and governance concerns. Greenwashing, carbon impact and sustainability reporting are explored against the backdrop of board diversity and board dynamics.

Climate Governance Singapore Forum
31 July 2024

SID has stepped up its efforts in supporting directors in the area of sustainability. The Climate Governance Singapore Forum brought together regulators, professional firms, researchers, advocates and industry practitioners for fruitful discussions and insightful dialogues. A big thank you to our participants and partners, including Dr Amy Khor, Senior Minister of State, Ministry of Sustainability and the Environment, SGX RegCo, KPMG and Workforce Singapore. Members can look forward to more in-person and online sessions to deepen their knowledge and understanding of sustainability-related matters relevant to the board.

Singapore Governance & Transparency Forum
1 August 2024

The SGTI assessment found that Singapore-listed companies and trusts have performed strongly in the areas of shareholder rights as well as environmental, social and governance (ESG) practices, with an overall mean SGTI score of 69.3 points in the General Category. This year’s results reflect tougher assessment criteria, with a stronger focus on sustainability and updated regulations. Smaller companies have made progress in fundamentals of sustainability reporting such as materiality (identification of material topics, selection process used). Almost all companies disclose these, regardless of size. SGTI is a collaborative effort by SID, CPA Australia and NUS Centre for Governance and Sustainability. Find out more about it here.

Global Impact Survey
Climate Governance Initiative
Survey ends on 1 October 2024 

Franchising & Licensing Asia 2024
Franchising & Licensing Association (Singapore)
12 - 14 September 2024 | 10.00am - 6.00pm | Marina Bay Sands, Singapore
Exhibition: Free Admission
Conference & Workshops: 50% off for SID members

Founder’s Fridays: Let’s talk Directorship
SGTech
27 September 2024 | 4.00pm – 6.00pm | Frasers Tower
Complimentary for SID members

16th GCNS Summit and Apex Awards Gala
Global Compact Network Singapore
3 & 4 October 2024 | 9.00am – 9.00pm | One Farrer Hotel
SID members: 20% off with discount code PARTNER

APAC Board Leadership Forum 2024
Russell Reynolds Associates
15 & 16 October 2024 | 12.30pm – 4.10pm | Virtual | Complimentary

Annual Conference 2024
The Institute of Internal Auditors Singapore
24 October 2024 | 8.00am – 5.20pm | Marina Bay Sands Expo & Convention Centre

Global Corporate Governance Conference 2024
Global Network of Director Institutes
29 & 30 October 2024 | 24 hours | Virtual | Complimentary

 Copyright (C) 2024 Singapore Institute of Directors. All rights reserved.

Email Category: Updates
To select the email categories you would like to receive from SID, please click ‘Update your communication preference’. Please note that SID will continue to send account servicing emails, including but not limited to membership renewal notices and event registration details, regardless of email communication preference, to facilitate provision of services.