2019 UEM Edgenta Annual Report

108 EVALUATING THE BOARD The Board Effectiveness Assessment (“BEA”) is an exercise performed annually. The evaluation process involved an online questionnaire which covered key topics and included forward looking elements as follows:- • Board Structures • Board Operations and Interactions • Board Roles and Responsibilities • Mix of Skills and Experience • Composition and Operation of Board Committees • Independence of Directors The Company Secretary then collated a summary of the key issues raised in a report to the NRC and the Board. Based on the results of the BEA, the Board Criteria Matrix was updated. The Board Criteria Matrix is considered an important tool in ensuring the diversity of the Board in terms of experience and expertise. With this matrix, the Board is able to identify any gaps in Board composition and use these gaps as criteria for selection of new Board members. For financial year 2020, the Company would engage an external and independent party to facilitate the assessment process. In searching for new Board members, desktop searches were conducted and recommendations from existing Board members, Management and Major Shareholders and were sought. INDUCTION AND KNOWLEDGE All new Board members receive an induction following their appointment to the Board. The induction programme includes initial meetings with senior management to explain the Company’s business and financial structure, the commercial and regulatory environment in which the Company operates, our competitors and investor’s perspective. During the year, the list of Executive Education programmes which among others include training programme from Harvard Business School, INSEAD, IMD, were shared with the Board. 108 HOURS Finance 21 HOURS Market Trends 3.5 HOURS Healthcare 3 HOURS Human Capital 61 HOURS Property 184.5 HOURS Governance 77 HOURS Technology 4 HOURS Sustainability BOARD PROFESSIONAL TRAINING Dato’ Mohd Izani Ghani who was appointed as Director of the Company on 22 October 2019 did not attend any training since his appointment as there was no suitable training that suited his schedule in the month of November and December 2019. Note: BOARD LEADERSHIP & EFFECTIVENESS (CONT’D) Corporate Governance Overview Statement