KENANGA ANNUAL REPORT 2018

47 ANNUAL REPORT 2018 This induction programme, which is facilitated by the Group Company Secretary’s Office, will be by way of a briefing and discussion amongst the Senior Management with the newly appointed Directors, on the Company’s vision and mission, its philosophy and nature of business, current issues, the corporate strategy of the Group, responsibilities and duties of the Board as a whole, an overview of the risks of the businesses, risk management strategy of KIBB, legal requirements, compliance and regulations, as well as financial overview of the Group and the expectations of KIBB with regard to contributions from the Directors towards the Company’s achievement of its goals. Non-Executive Directors (“ NED ”) appointed to the Boards of subsidiaries within the Group shall also be provided similar induction programme tailored to reflect the scope of their appointments at the respective entities. Directors’ Continuous Education and Development The Company, via the Group Company Secretary’s Office, facilitates the registration and attendance of Directors at appropriate external and in-house training programmes to ensure the Directors are kept abreast of new developments pertaining to the laws and regulations and changing commercial risks, which may affect the Board and/ or the Company, as well as to ensure that they are fully equipped with the necessary knowledge to assist them in fulfilling their responsibilities as Directors of the Company. In addition to the Mandatory Accredited Programme as required by Bursa Securities, the Financial Institutions Directors’ Education (“ FIDE ”) Core Programme as required by BNM, as well as the Capital Market Director Programme (“ CMDP ”) as required by the SC for newly appointed Directors, Board members are also encouraged to attend training programmes conducted by highly competent professionals which are relevant to the Company’s operations and business. In order to facilitate this process, an Annual Directors’ Training Calendar encompassing external training programmes available in the market and/ or recommended by the Board members and/ or organised in-house, is developed and tabled at the NRC and the Board for endorsement in the first quarter of each year to create awareness amongst the Directors of training programmes available for the year. Thereafter, the NRC and the Board will be updated on the status of Directors’ participation in these training programmes on a quarterly basis. In developing the Annual Directors’ Training Calendar, feedback received from Directors during the Board evaluation process in terms of specific training needs required to increase the Board’s effectiveness, was also taken into consideration. The training programmes attended by the Directors during the Financial Year Ended 31 December 2018 are provided below. Title of Trainings Attended By 1. Annual Audit Committee and Internal Control Seminar for the Public and Private Sectors 2018: Guidance for an Effective Internal Audit Function by Aram Global Izlan Izhab (“ II ”) 2. BNM-FIDE FORUM Dialogue: Managing Cyber Risks In Financial Institution by FIDE FORUM Ismail Harith Merican (“ IHM ”), Jeremy Nasrulhaq (“ JN ”), Norazian Ahmad Tajuddin (“ NT ”) and Kanagaraj Lorenz (“ RL ”) 3. Tawarruq by Islamic Banking & Finance Institute Malaysia (“ IBFIM ”) Datuk Syed Ahmad Alwee Alsree (“ DSA ”) 4. Mandatory Accreditation Programme (“ MAP ”) by The Iclif Leadership and Governance Centre (“ ICLIF ”) NT and RL 5. Navigating the VUCA World by Professor Tan Sri Dato’ Dr. Lin See-Yan by FIDE FORUM NT 6. Corporate Governance Briefing Sessions: MSSG Reporting & CG Guide by Bursa Malaysia Berhad (“ Bursa Malaysia ”) II, Dato’ Richard Alexander John Curtis (“ DRC ”), JN and NT 7. CMDP - Module 1: Directors as Gatekeepers of Market Participants by Securities Industry Development Corporation (“ SIDC ”) NT and RL CORPORATE GOVERNANCE OVERVIEW STATEMENT