Corporate Governance
- Life Insurance
- General Insurance
Corporate Governance
Constitution of the Company
Board of Directors Charter
Anti-Bribery and Corruption Policy
Whistleblowing Programme
Details on Board Composition
Board of Directors
Board Committees Composition (as at 20 June 2025)
Board Committee |
Composition |
Board Audit Committee |
Mr Siew Kah Toong (Chairman) Mr Norman Ip Mr Ou Shian Waei |
Board Nominations and Remuneration Committee |
Mr Foong Soo Hah (Chairman) Mr Norman Ip Mr Siew Kah Toong |
Board Risk Management Committee |
Ms Mimi Sze Ho (Chairperson) Mr Norman Ip Mr Ou Shian Waei Mr Foong Soo Hah Ms Tan Ley Ley |
Appointments, Resignations and Removals of Directors during the Financial Year 2025 (as at 20 June 2025)
- Mr Gregory Thomas Hingston (appointed on 14 February 2025)
Training and Education Provided to the Board during the Financial Year 2025 (as at 20 June 2025)
The Company has in place an In-House Orientation Programme for newly appointed Directors to familiarize themselves with its operations. The Directors are provided with the opportunity for relevant training programmes on an ongoing basis in areas relating to financial industry for them to keep abreast with the latest developments in the industry including the Financial Institutions Directors’ Education (“FIDE”) Core Programme which promotes high-impact Boards by strengthening Board competencies in dealing with corporate governance, risk management and strategic issues faced by the financial services industry.
During the financial year, the Directors, collectively or on their own, attended seminars, courses and briefing organized by professional bodies and regulatory authorities as well as those conducted in-house, among others as follows:
- FIDE FORUM Special Lecture: How Global Events Will Affect the Outlook for the Financial Industry in 2025.
- Great Eastern Data Centre (Cyberjaya) Visit.
- Actuarial Liability Valuation and Participating Fund Bonus Study.
- Asian Institute of Insurance: Safeguarding the Board Navigating Anti-Money Laundering.
- FIDE FORUM: E-Invoice I Service Tax Impact on Independent Directors.
- Safeguarding the Board Navigating Anti-Money Laundering.
- Distribution Expenses - Key Campaigns and Contests.
- Money Laundering/Terrorism Financing/Proliferation Financing: Complexity & Its Impact on Law & Compliance to Financial Institutions.
- 2024 Ransomware Exercise Report and Recommended Framework.
Number of Meetings convened by Board and Board Committees in Financial Year 2025 (as at 20 June 2025)
| Board / Board Committee | Number of meetings |
| Board | 6 |
| Board Audit Committee | 5(1) |
| Board Nominations and Remuneration Committee | 4 |
| Board Risk Management Committee | 4 |
(1) The Board Audit Committee Meetings included 1 Joint Board Audit Committee – Board Risk Management Committee Meeting
Board Committees Composition (as at 25 June 2025)
| Board Committee | Composition |
|---|---|
| Board Audit Committee | Mdm Tan Fong Sang (Chairperson) Mr Lai Chin Tak Mr Ng Hon Soon |
| Board Nominations and Remuneration Committee | Mr Lai Chin Tak (Chairman) Mr Norman Ka Cheung Ip Mdm Tan Fong Sang |
| Board Risk Management Committee | Mr Tong Hon Keong (Chairman) Mr Lai Chin Tak Mr Norman Ka Cheung Ip Mr Gan Kim Khoon |
Appointments, Resignations and Removals of Directors during the Financial Year 2025 (as at 25 June 2025)
Mr Gregory Thomas Hingston (appointed on 14 February 2025)
Training and Education Provided to the Board during the Financial Year 2025 (as at 25 June 2025)
The Company has in place an In-House Orientation Programme for newly appointed Directors to familiarize themselves with its operations. The Directors are provided with the opportunity for relevant training programmes on an ongoing basis in areas relating to financial industry for them to keep abreast with the latest developments in the industry including the Financial Institutions Directors’ Education (“FIDE”) Core Programme which promotes high-impact Boards by strengthening Board competencies in dealing with corporate governance, risk management and strategic issues faced by the financial services industry.
During the financial year, the Directors, collectively or on their own, attended seminars, courses and briefing organized by professional bodies and regulatory authorities as well as those conducted in-house, among others as follows:
- AI’s Next Wave: Chips, Code, and Localisation
- Board Educational Series: Distribution Expenses - Key Campaigns and Contests
- Board Educational Series: Great Eastern Data Centre (Cyberjaya) Visit
- Board Educational Series: Money Laundering/Terrorism Financing/Proliferation Financing - Complexity & Its Impact on Law & Compliance to the Financial Institutions
- Board Educational Series: 2024 Ransomware Exercise Report and Recommended Framework
- Board Leadership Workshop: Board’s Role in Digital Transformation: Putting Words into Action
- E-Invoice: Service Tax Impact on Independent Directors
- Engagement Session with FIDE FORUM Members on Bank Negara Malaysia Annual Report 2024, Economic and Monetary Review 2024 and Financial Stability Review for Second Half 2024
- Facing the Future: Elevating Board Leadership in a time of Transformation
- Masterclass: Navigating High-Tech Financial Crime: Key Risks and Board Responsibilities
- Safeguarding the Board - Navigating Anti-Money Laundering
- Special Lecture: How Global Events Will Affect the Outlook for the Financial Industry in 2025
- The Influence of Board Culture on Corporate Performance
- Tokenising Financial Assets: What Financial Leaders Needs to Know Today
Number of Meetings convened by Board and Board Committees in Financial Year 2025 (as at 25 June 2025)
| Board / Board Committee | Number of meetings |
| Board | 6 |
| Board Audit Committee | 4(1) |
| Board Nominations and Remuneration Committee | 5 |
| Board Risk Management Committee | 3 |
(1) The Board Audit Committee Meetings included 1 Joint Board Audit Committee – Board Risk Management Committee Meeting