HIGHLIGHTS
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Dear Members,
Last month saw us marking two significant initiatives.
We launched the SID Director Accreditation programme with Ms Indranee Rajah, Minister in the
Prime Minister’s Office and Second Minister for Finance and National Development as our Guest-of Honour. Watch the highlights of the commemoration event attended by 250 guests and the fireside chat with Minister Indranee moderated by SID immediate past chair Wong Su-Yen.
This landmark initiative aims to uplift the directorship profession in Singapore. The accreditation
exam kicks off in October at a special rate of S$150 (usual price S$250). Check out the accreditation page for details on how to prepare for this accreditation exam.
We also launched the Fellows Network at the Fellows Evening supported by KPMG. The newly-formed network helmed by SID Fellow and former Council Member Robert Chew aims to connect
SID Fellows and rally them to contribute to the Institute through a variety of initiatives.
In the meantime, we continue to add value to your membership through our resources, training and networks. To help us improve our offerings, please take a few minutes of your time to let us know what you would like to see more (or less) of from our range of courses and activities. Do send in your feedback in our annual membership survey which closes on 14 June.
Advancing thought leadership
With sustainability reporting requirements evolving to standards aligned with IFRS Sustainability
Disclosure Standards issued by the International Sustainability Standards Board (ISSB) from FY2025, our upcoming SID Directors Bulletin on Sustainability Redux features articles by ACRA and others on various aspects of climate reporting. Look out for our Q3 2024 issue coming out this month.
SGX recently closed its public consultation on proposed amendments to the SGX Listing Rules and the Sustainability Reporting Guide to incorporate ISSB Standards amidst growing scrutiny and pressure on businesses to disclose their impacts and efforts to manage issues around sustainability. Sign up for our Climate Governance Singapore Forum on 31 July to learn more about what boards can do to advance climate governance. And save the date for our next instalment of the Singapore Governance and Transparency Forum on 1 August where we look at how listed companies are coping with climate disclosures.
Building competencies
We are pleased to announce the next rounds of the SID Listed Entity Director (LED) programme in July and October comprising five core modules on the roles and responsibilities of directors, board dynamics, board performance, stakeholder engagement and environmental, social and governance essentials. Another four elective modules cover the work involved with the main committees of a listed board (audit, risk, nominating and remuneration).
A complimentary box set of Corporate Governance Guides for Boards in Singapore (retailing at
S$295) will be given to participants who sign up and pay upfront for all modules by 30 July 2024.
SID is also launching the inaugural Chair Accelerator Programme to prepare experienced directors to take on the role of the chair. The preview session will be held on 14 June and is by-invitation only. Email: [email protected] to register your interest or nominate someone to be invited for the interview.
Connecting the ecosystem
Our networking calendar is packed with exciting events. Join us on 12 July for a day of golf. Our
Guest-of-Honour Seah Kian Peng, Speaker of Parliament, will grace the occasion. Whether you form a flight or participate individually, our annual golf tournament promises great opportunities for networking and camaraderie.
Looking ahead, sign up or mark your calendars for our upcoming events, including the Women Directors Chapter’s next instalment of the Up Close and Personal series on 11 July and the Nominating and Remuneration Committee Seminar on 11 September. These events seek to provide insights and foster discussions on the latest trends and practices in corporate governance.
We are committed to supporting you with exclusive research, informative articles and training and
networking opportunities. Together, let’s continue to drive excellence in directorship and corporate governance.
Yours in directorship,
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Yeoh Oon Jin, FSID
Chair, SID
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Terence Quek, BBM
CEO, SID
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SID Directors Conference 2024
1 October 2024 | 9.30am – 5.30pm
Suntec Singapore Convention & Exhibition Centre
This year’s conference Directorship in Transition: Redefining Roles, Risks and Results explores the evolving landscape of corporate governance. Geopolitical shifts, regulatory changes and climate change are reshaping expectations of boards and governance frameworks. This full-day conference features distinguished speakers and industry experts who will delve into the multifaceted challenges facing boards and directors today.
Early Bird Registration – ends 31 July 2024.
REGISTER NOW!
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UPCOMING EVENTS
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FEATURED PUBLICATIONS
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SID Boardroom Matters
Raising the Bar for Directors
Board directors today have more challenges to contend with than their counterparts in the past. The SID accreditation programme seeks to uplift the directorship profession with formal director training, a professional exam and continuous professional development requirements. With this accreditation framework, public expectations of directors as proper stewards of corporate governance on boards will be elevated.
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SID Directors Bulletin
Ask Mr Sid: Phishing Blame
The growing incidence of scams and fraud puts businesses in a delicate situation. How can companies address rising expectations for public accountability? Our erstwhile Mr Sid considers the legal and moral responsibilities of boards against the backdrop of a sharp rise in phishing scams, in light of the introduction of the Shared Responsibility Framework applicable to financial institutions and telecom companies.
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READ MORE
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READ MORE
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YOU MAY HAVE MISSED
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Fellows Evening
7 May 2024
The SID Fellows Evening was a night of camaraderie among long-time friends and supporters of the Institute. SID Fellows and their partners attended a networking dinner and cocktails before being treated to the evening’s entertainment in the form of Hamilton the musical at the Sands Theatre, Marina Bay Sands. The evening was sponsored by KPMG Singapore.
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Launch of SID Director Accreditation Programme
10 May 2024
The launch of the SID Director Accreditation programme was held at the Mochtar Riady auditorium at Singapore Management University. Ms Indranee Rajah, Minister, Prime Minister’s Office and Second Minister for Finance and National Development was the Guest-of-Honour. More than 250 people attended the event.
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PARTNERS’ HIGHLIGHTS
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SMU-SID Future-Ready Directorship
Singapore Management University
22 Aug 2024, 5 Sep 2024, 5 Dec 2024 | 5.00pm/5.30pm – 7.00pm/7.30pm | SMU Campus
S$550 (SID members), S$670 (non-members)
*Discounted bundle fee for sign up of full series (3 sessions)
Singapore WSH Conference 2024
Workplace Safety and Health Council
11 September 2024 | 9.00am – 5.35pm | Sands Expo & Convention Centre, Marina Bay Sands
SID members: S$400 (Regular price S$800) Discount code: SWSHCSID
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