The key priority of Directors is strongly aligned with corporate performance to enhance shareholders’ value. The underlying principles of board integrity, fiduciary responsibility, integrity, transparency, independence and objectivity are vital traits to drive toward high corporate performance with sustainability.
Directors are key drivers of corporate vision and strategic direction. When a director serves on a board, his/her duty of care, loyalty and fiduciary responsibilities is to that company, irrespective of who appoints him/her. To survive and thrive in the borderless economy, Malaysian directors need to equip themselves to be globally competitive with vital attributes of:
- Enterprise—to have an entrepreneurial outlook for corporate performance
- Integrity—an ability to govern with integrity based on best practices in governance, and
- Sustainability—a keen eye on sustainability of the environment in which the company operates, be it the physical environment or the people it has an impact on.
MACD has developed and will continue to develop programmes to raise the bar for directors towards global competitiveness. Structured directors’ education programmes and peer-to-peer learning are just the beginning to benchmark ourselves against our global counterparts. With the Global Network of Director Institutes (GNDI) membership, MACD will facilitate directors to embrace a global mind-set to be significant global players in their respective specialised markets.