KENANGA ANNUAL REPORT 2020

46 3 1 2 4 5 6 7 HOW WE ARE GOVERNED The Board’s composition complies with the minimum one-third requirement of Independent Directors as stipulated in the Main Market ListingRequirements ( “MMLR” ) of BursaSecurities and the majority of Independent Directors requirement stipulated in BNM’s Policy Document on Corporate Governance. The profile of each Director is available on pages 22 to 30 of this Annual Report. Board and Board Committee Meetings In 2020, eleven (11) Board meetings were held, two (2) of which were special meetings convened to consider urgent proposals that required the Board’s expeditious review and consideration. As stipulated in the Board Charter, as well as, the Constitution of the Company, a Director of the Company must attend at least 75% of the Board meetings held during the financial year, in line with the requirement of BNM’s Policy Document on Corporate Governance. During the Financial Year Ended 31 December 2020, all the Directors of the Company attended 100% of the Board meetings convened, demonstrating a strong commitment and dedication of the Board members in fulfilling and discharging their respective roles and responsibilities as Directors of the Company. Given the circumstances surrounding the COVID-19 pandemic and the implementation of the Movement Control Order by the Government of Malaysia commencing March 2020, all meetings of the Board and Board Committees were Skills and Experience Risk & Governance 11% Digital & Technology 11% Commercial & Marketing 11% Legal Accounting & Audit Banking Corporate Finance & Investment Management & Leadership 22% 33% 44% 67% 100% 100% 80% 60% 40% 20% 0% CORPORATE GOVERNANCE OVERV I EW STATEMENT held in accordance with the Standard Operating Procedures put in place by the respective authorities and regulators. The Directors’ attendance at the Board and Board Committee meetings held during the Financial Year Ended 31 December 2020 are provided below. Board Number of Meetings Name of Director Held Attended Percentage (%) YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail (1) 11 100% Izlan Izhab (2) 11 100% Datuk Syed Ahmad Alwee Alsree 11 100% Dato’ Richard Alexander John Curtis 11 100% Luigi Fortunato Ghirardello 11 100% Ismail Harith Merican 11 100% Luk Wai Hong, William 11 100% Jeremy Nasrulhaq 11 100% Norazian Ahmad Tajuddin 11 100% Kanagaraj Lorenz 11 100% 11/11 11/11 11/11 11/11 11/11 11/11 11/11 11/11 11/11 5/5 NOTES: (1) Appointed as Chairman and INED of KIBB on 1 July 2020. During the period from July 2020 to December 2020, five (5) Board meetings were held and YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail attended all these five (5) meetings. (2) Upon relinquishing his position as the Chairman of the Board on 1 July 2020, Encik Izlan Izhab had continued to serve as an INED of KIBB until 31 December 2020.