23-02-2022, 10:46 AM
Cases like these put a spotlight on the roles, responsibilities and liabilities of Independent Non-Executive directors.
Independent Non-Executive directors are a creation of MAS and SGX as the Companies Act does not differentiate directors.
MAS' Code of Corporate Governance clearly draws the line of Independent Non-Executive directors from involvement with management of companies.
Warning to all Independent Non-Executive directors and wannabe, think twice, thrice before accepting appointment.
Independent Non-Executive directors are a creation of MAS and SGX as the Companies Act does not differentiate directors.
MAS' Code of Corporate Governance clearly draws the line of Independent Non-Executive directors from involvement with management of companies.
Warning to all Independent Non-Executive directors and wannabe, think twice, thrice before accepting appointment.
![nudie nudie](https://sgtalk.net/images/smilies/Animated/nudie_s.gif)
![nudie nudie](https://sgtalk.net/images/smilies/Animated/nudie_s.gif)
![nudie nudie](https://sgtalk.net/images/smilies/Animated/nudie_s.gif)