![]() ![]() At ICDM, we recognise the challenges and complexity of the board's multi-faceted role and the need for a proactive approach towards tackling change and problem-solving." She said, "The mandate for board directors as leaders is clear - navigate this complex environment, deliver positive impact, optimise opportunities, promote equity, and foster innovation. Tan Sri Zarinah Anwar, Chairman of ICDM emphasised ICDM's unwavering efforts in professionalising directors, ensuring their capacity to uphold best practices in governance, shifting mindsets towards the continuing acquisition of knowledge and competencies for improved performance, proficiency and effectiveness. Over this period since ICDM's establishment, the total success rate in placing ICDM Members on boards is at 58, compared to 2 in 2018. Independent director sourcing requests and placements: In this reporting period, there has been a rise of 28% to 87 independent director sourcing requests and a total of 37 successful board placements by ICDM. To date, ICDM has conducted 37 BDEEs for companies and boards, of which 76% are public listed boards. Board & Directors Effectiveness Evaluation (BDEE): Completed 20 external board and directors board evaluations, a 33% rise from the previous reporting period. In total, ICDM has facilitated 305 programmes to date and benefited 18,309 directors and participants. Director education programmes: Facilitated 112 programmes compared to 93 programmes in the previous reporting period, benefitting 6,705 participants which is 39% higher (from 4,830). To contextualise, ICDM's annual membership growth rate amongst other institutes of directors (IoD) in the region is second only to Australia and New Zealand. Overall, the membership base has grown 13-fold and 8-fold respectively for individual and corporate membership, compared to when ICDM concluded its first-year performance in 2018. Membership: Individual membership has increased to 1,168 (25% higher compared to the preceding reporting period) whilst corporate membership has surged to 86 (30% increase from the preceding reporting period). Notably, the key growth areas are as follows: In their efforts to professionalise boards and directors in Malaysia, the growth is indicative of the increasing awareness and acceptance of the need for senior leadership to build capacity in evolving and developmental areas to better guide companies and businesses. Since inception in 2018, ICDM has seen sustained high double-digit organisational growth and continued to deliver impact through its platform and initiatives. The announcement is also in conjunction with ICDM's 5-year milestone since the Institute was established in 2018. KUALA LUMPUR, J(ACN Newswire) - The Institute of Corporate Directors Malaysia (ICDM) announced its progress and shared key organisational milestones for the financial year ended 31 December 2022 (FY2022), and for the period from January to April 2023 at their recent Annual General Meeting (AGM). ![]() Sustained double digit year-on-year growth signals growing awareness and responsibility by senior leadership, companies and businesses to step up ![]()
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