Non-executive director’s appointment letter
- By : Wong Mei Ying
- Category : Directors, Linkedin Post
The ICSA published a sample non-executive director’s appointment letter (link in the comment section). The sample letter aims to provide an initial checklist of the elements a company intends to cover in its appointment letter and is not intended to be a prescriptive template.
Although the sample letter is drafted in the UK context, it serves as a good guidance in the Malaysian context as it covers elements which are important to ensure good corporate governance such as:
– Time commitment of a director
– Adherence to corporate governance code
– Disclosure of director’s interest in any matter considered at board meeting
– Independence and outside interests
– Conflict of interest
You can access Guidance Note: Sample non-executive director’s appointment letter here:
https://www.cgi.org.uk/my_cg/download-resources/downloadt?fileId=5268
#malaysiancorporatelawyer
#directorsduties
#corporategovernance
This post was first posted on Linkedin on 13 April 2021.
