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 1 January 2026)
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 |
Mr Ou Shian Waei (Chairman) Mr Norman Ip Mr Foong Soo Hah Ms Tan Ley Ley Ms Beh Cheng Hoon |
Appointments, Resignations and Removals of Directors during the Financial Year 2026 (as at 1 January 2026)
- Ms Beh Cheng Hoon (appointed on 1 January 2026)
Training and Education Provided to the Board during the Financial Year 2025 (as at 1 January 2026)
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 & 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.
- FIDE FORUM: AI’s Next Wave: Chips, Code, and Localisation.
- FIDE FORUM: Facing the Future: Elevating Board Leadership in a time of Transformation.
- FIDE FORUM: Navigating Digital Disruption: How can Boards in Financial Institutions enhance Strategic Digital Governance.
- Information Technology Strategy.
- Cybersecurity Defence Roadmap.
- Regional Services Centre.
- FIDE FORUM: Cloud for Directors of Regulated Financial Institutions.
- FIDE FORUM - Economic Outlook & Post-Budget 2026
- FIDE FORUM - Future of Directorship in the Digital Era
- FIDE FORUM - Climate Talk...Or Last?
- Introduction to IFRS Sustainability Disclosure Standards
Number of Meetings convened by Board and Board Committees in Financial Year 2025 (as at 1 January 2026)
| Board / Board Committee | Number of meetings |
| Board | 9 |
| Board Audit Committee | 7(1) |
| Board Nominations and Remuneration Committee | 8 |
| Board Risk Management Committee | 8 |
(1) The Board Audit Committee Meetings included 2 Joint Board Audit Committee – Board Risk Management Committee Meetings
Board Committees Composition (as at 10 March 2026)
| Board Committee | Composition |
|---|---|
| Board Audit Committee | Mr Gan Kim Khoon (Chairperson) Mr Lai Chin Tak Mr Ng Hon Soon |
| Board Nominations and Remuneration Committee | Mr Lai Chin Tak (Chairman) Mr Norman Ka Cheung Ip Mr Tong Hon Keong |
| Board Risk Management Committee | Mr Tong Hon Keong (Chairman) Mr Lai Chin Tak Mr Norman Ka Cheung Ip Ms Tan Ley Ley |
Appointments, Resignations and Removals of Directors during the Financial Year 2026 (as at 10 March 2026)
Ms Tan Ley Ley (appointed w.e.f. 1 March 2026)
Mdm Tan Fong Sang (resigned w.e.f. 10 March 2026)
Training and Education Provided to the Board during the Financial Year 2026 (as at 10 March 2026)
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 - Digital Transformation: From Vision to Scalable Impact for Incumbent Banks
- FIDE FORUM - Economic Outlook for 2026: Measured Optimism with Strategic Caution - What more should industry leaders know?
- FIDE FORUM - Special Lecture: China's Business Models Innovations and Their Global Implications
Number of Meetings convened by Board and Board Committees in Financial Year 2026 (as at 10 March 2026)
| Board / Board Committee | Number of meetings |
| Board | 3 |
| Board Audit Committee | 3(1) |
| Board Nominations and Remuneration Committee | 3 |
| Board Risk Management Committee | 2 |
(1) The Board Audit Committee Meetings included 1 Joint Board Audit Committee – Board Risk Management Committee Meetings.