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Section 05 Upholding Accountability
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Training and Development of Directors
The Bank places great importance on the on-going development of its Directors and encourages Directors to participate in courses
or activities as this would serve to enhance their knowledge and performance as members of the Board and Board Committees.
The Company Secretary regularly keeps Directors informed of relevant training courses for their consideration.

Newly appointed Directors are required to complete the Financial Institutions Directors’ Education (FIDE) core programme
developed by BNM and Perbadanan Insurans Deposit Malaysia (PIDM) in collaboration with the International Centre for Leadership
in Finance (ICLIF), as well as Islamic Finance for Board of Directors’ Programme, one (1) of BNM’s initiatives organised by ISRA
Consulting. In addition, the Directors are also required to attend an induction programme coordinated by the Management and
Company Secretary in order to facilitate new Directors with the necessary information and overview to assist them in understanding
the operations of the Bank and appreciating the challenges and issues the Bank faces in achieving its objectives. 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.

The Company Secretary facilitates the Directors’ attendance for external seminars and programmes and keeps a complete record
of the trainings attended by the Directors. A comprehensive list of training programmes covering topics relevant to the Directors
are compiled at the beginning of each financial year to assess the training needs and identify key areas of focus on the appropriate
training programmes.

In furtherance of the quest for continuous learning and acquisition of relevant skills and knowledge in order to enhance their business
expertise and professionalism, the following are conferences, seminars and training programmes attended by the Directors for the
financial year ended 31 December 2020:

Training Focus List of Conferences/Seminars and Training Programmes

• FIDE Core Programme
Corporate Governance • FIDE Simulation Exercise
• The Board Chair – The First Among Equals

Economics • COVID-19 and Current Economic Reality: Implications for Financial Stability
• Sustainability in Business
Business
• Finding the Next Growth Drivers
Audit, Compliance and Risk • Executive Overview on Section 17A MACC Act
Management

Board Effectiveness Evaluation

An individual director’s performance assessment and evaluation of the Board as a whole is implemented, based on MOF’s
guidelines and BNM Policy Document on Corporate Governance, to ensure the appointed Directors are able to contribute to the
effectiveness of the performance of the whole Board. This exercise is done annually and would also be used as one (1) of the
criteria for the re-appointment of a Director.

The performance evaluation form comprises assessment on the Board, Board Committees, Self and Peer Evaluation and Board
Skills Matrix. It is designed to improve the Board’s overall effectiveness as well as to draw the Board’s attention to key areas that
need to be addressed in order to maintain the cohesion of the Board despite its diversity.
Evaluation results will be presented and deliberated at the NRC meeting and thereafter, presented to the Board to enable the Board
to identify its strengths, areas for improvement and potential issues that need to be addressed.