Page 70 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCINg FINANCIAL
68 EXIM BANK MALAYSIA ANNUAL REPORT 2022 TO SERVE TO LEAD GROWTH SUSTAINABILITY gOVERNANCE STATEMENTS 69

STATEMENT OF CORPORATE GOVERNANCE

Directors’ Conflict of Interest

The Board members will declare if they have an interest either directly or indirectly in any transaction to be entered by the
Bank in every Board and Board Committees’ meeting. An interested or conflicted Director, or if the Director is deemed as a
“connected party”, is required to abstain from the deliberations and voting on a transaction.
Training and Development of Directors

The Board recognises the importance of continuing professional education of its Board members and encourages them to
participate in courses or activities. This would enhance their knowledge to assist the Board members in the performance of
their duties in the best interest of the Bank. The Company Secretary continuously informs the Board members of relevant training
courses for their consideration.

The Board Charter requires newly appointed Directors to complete the Financial Institutions Directors’ Education (FIDE)
core programme as well as Islamic Finance for Board of Directors’ Programme organised by ISRA Consulting. In addition,
newly appointed Directors are also required to attend an induction programme coordinated by the Bank.

The induction programme will provide the new Directors with the necessary information and overview to assist them in
understanding the operations of the Bank and appreciating the challenges faced by the Bank in achieving its objectives.

CSD had conducted an induction programme for Mr Raymond Fam Chye Soon who was appointed as Director of the Bank on
15 February 2023. The programme was led by the P/CEO and also Senior Management which was conducted at the Bank’s
premises. The programme covers diverse subject matters, amongst others, the Bank’s business and strategies, work processes,
Board Committees and the duties and responsibilities of Directors of financial institutions.

Beside attending FIDE core programme, the Directors are encouraged to continuously acquire relevant skills and knowledge.
The following are conferences, seminars and training programmes attended by the Directors for the financial year ended
31 December 2022:

Training Focus List of Conferences/Seminars and Training Programmes

Corporate • FIDE Core Programme
Governance • Invitation to a Complimentary Talk on “Corporate Governance & Remuneration Practices For The
ESG World”
• Iclif: Corporate Governance & Remuneration Practices For The ESG World

Leadership • Climate Change: Impact on Banks and Role of the Board
• FIDE FORUM - CGM Conversations with Chairmen: A Standing Item in Board Agendas
• Board Effectiveness Evaluation - Post-launch Workshop (Session 2)

Finance • Islamic Finance for Board of Directors’ Programme
• kLBC Pre-Budget 2023 Dialogue with YB Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz,
Minister of Finance, Malaysia

Audit, Compliance • Series 3: Risk Appetite, Tolerance and Board Oversight
and Risk • Series 5: Evolving Expectations for Boards in ERM
Management • QRD Series 18 – Directors Guide to RMiT (Risk Management in Technology)
• The Audit Committee - Unpacking the roles of the Committee & honing its effectiveness in
discharging its responsibilities holistically

Others • BNM-FIDE FORUM Dialogue: Licensing Framework for Digital Insurers and Takaful Operators
• MICG: Webinar on Artificial Intelligence (AI) for Company Directors and Executives
• Emerging Trends Talk #2: Cyber kill Chain and Security Capabilities
• MetaFinance: The Next Frontier of the Global Economy