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The Hong Kong Institute of Directors Holds Annual Dinner and Presentation Ceremony for Directors of The Year Awards

indie
5 minutes

HONG KONG, Dec 1, 2021 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Institute of Directors ("HKIoD") announced the winners of the Directors Of The Year Awards ("DYA") 2021 at its Annual Dinner held at the Hong Kong Convention and Exhibition Centre. The central theme of this year's DYA is "Leading in New Normal". It aims to honour outstanding directors and boards who have fully grasped the recent changes in the business environment and demonstrated excellent leadership skills to lead their respective companies in adjusting their operating policies and striving for sustainable development under the "New Normal". A group photo brings together the 7 awardees (2nd row); guest of honour, Mr Christopher Hui, JP, Secretary of Financial Services and the Treasury Bureau (5th from left, 1st row); and Council Members of HKIoD.Dr Christopher To, Chairman of HKIoD, said, "The epidemic has turned everything on its head, but its impact was not solely negative. Under the new normal, society's digital transformation has taken a huge step forward, and corporates have been more focused on risk management, sustainability, the physical and mental health of employees, etc. These changes are great e...

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HKIoD Releases Revised Guide for INEDs

indie
5 minutes

HONG KONG, Apr 7, 2021 - (ACN Newswire via SEAPRWire.com) - Amidst the economic decline for many sectors under the Covid-19 impact, the financial sector is faring with vibrancy. Witness the IPO line-up on HKEX and the financial trading activities. The investing public continues to place stake on listed issuers' performance, which comes with the expectation on corporate governance led by boards of directors. An important board role under public scrutiny is that of the independent non-executive director ("INED"). To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").Drawing increasing attention from the public and in particular from regulators and stakeholders, the role of INED when performed well adds value to the board. Author of the Guide, Dr Carlye Tsui Wai-ling, CEO of HKIoD, highlights the implication, "Taking up an appointment as an INED carries with it an honour in trust bestowed, a commitment to service and acceptance of expectation in professionalism." The Guide aims to provide practice notes and advisory tips in con...