79 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 In facilitating the Directors’ education and development requirements, the Group Company Secretary’s Office, in addition to monitoring the status of all mandatory training programmes to be completed by the Directors, also establishes an Annual Directors’ Training Calendar encompassing external training programmes, available in the market and/ or recommended by the Board members and/ or in-house training programmes, which is tabled for endorsement by the GNC and the Board in the first (1st) quarter of each year to create awareness amongst the Directors of training programmes which are available for the year. Thereafter, the GNC and the Board will be updated on the status of Directors’ participation in these training programmes on a quarterly basis. The establishment of the Annual Directors’ Training Calendar, took into consideration the feedback/ suggestions received from Directors during the annual Board evaluation process in terms of specific training needs required to enhance the Board’s effectiveness and skill-set. Based on the feedback received from the Directors during the Board Performance Evaluation conducted in 2022, the following areas were identified to be included in the Directors’ training needs: • Sustainability, Environmental, Social and Governance (“ESG”) Risks and Climate Change Risks; • Fintech, Technology Innovations, Artificial Intelligence, including Information Sharing on Market Developments in Digital Products and Competitors; • Risks in Islamic Finance; • Cyber Security; and • Refresher in-house programmes on product knowledge such as Equity Derivatives, Treasury, Digital Business, and Money Market, as well as Anti-Money Laundering and Counter Financing of Terrorism, Section 17A of the Malaysian Anti-Corruption Commission Act 2009, and Consequence Management Process in respect of Management KRPs, the GMD and the Board. 3. Training Programmes Attended by Directors During Financial Year 2022 Title of Programme Attended By Property, Insurance, Strategy, Accounting & Finance, Governance, Economy, Leadership, Business, Risk, Tax 1. An Overview of Revenue Recognition: Property Development Activities by Ernst & Young PLT (“EY”) - In-House Programme Organised by S P Setia Berhad (“S P Setia”) TSAJ 2. Overview on Zone AOA (Asia, Oceania and Sub-Saharan Africa) Strategic Roadmap 2022 - In-House Programme Organised by Nestle (Malaysia) Berhad (“Nestle”) TSAJ 3. ASEAN Business Summit by Bloomberg CKC 4. Management Accounting and Business Environment - University Malaysia (“UM”) (attended as a speaker of Faculty of Business and Economics of UM) JN 5. Webinar on The Corporate Governance (“CG”) Overview Statement, CG Report, Audit Committee Report and the Statement on Risk Management & Internal Control (“SORMIC”) JN 6. Nomination and Remuneration Committee (“NRC”) Dialogue & Networking - Session #1 by Institute of Corporate Directors Malaysia (“ICDM”) NT 7. MetaFinance: The Next Frontier of the Global Economy by FIDE FORUM NT & RL 8. Thriving in the New Normal Leading Through Geopolitical Volatility & Compressed Transformation by Bloomberg and Accenture CKC 9. Assessing Your Organisational Culture by ICLIF Executive Education Center (“ICLIF”) (Asia School of Business) CKC 10. Governance & Compliance Training – In-House Directors’ Training organised by Nestle TSAJ CORPORATE GOVERNANCE OVERVIEW STATEMENT
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