2021 saw the largest cohort of new directors in five years as STI companies regained their appetite for board refreshment in search of bolder leadership, but compared to Hong Kong’s Hang Seng companies, a higher share of Singapore boards opted for directors who are retired and have previous public board experience.
Prime Time’s Bharati Jagdish speaks with Jiat-Hui Wu, Partner in charge at the Heidrick & Struggles Singapore office and a member of the Financial Services Practice about trends in top leadership and board appointments in Singapore and the Asia Pacific region. What best practices should boards adopt as they move forward?
Highlights from the conversation:
01:25: Bolder leadership observed throughout the Covid-19 pandemic as the role of boards evolve
03:57: How the background of board members that companies are seeking have changed over time
06:24: What more needs to be done to address gender diversity in top leadership and board appointments?
11:12: Incorporating future business strategies and scenarios into succession planning
ST: The Big Story, 6 Dec - Singapore involved in study on new drug to slow progression of Alzheimer’s disease