International Women's Day

Greater focus on diversity, equity and inclusion (DEI) has resulted in many policies and initiatives being put in place to push the development of women in leadership roles.

Under the Malaysian Corporate Code on Governance 2021, it is recommended that all boards should comprise at least 30% women directors. A review of the participation of women in senior management should also be conducted.Boards should disclose in their annual reports, their company policies on gender diversity for the board and senior management.

Board diversity should not be confined to just gender but cover multiple dimensions – age, background, ethnicity, experience and independence. As of March this year, ICDM has a membership base of 1,113 individual members, with 35% comprising female members. Yet only 8% of the respondents’ organisations sourced independently for their board members, despite knowing of the required skillsets.

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