34 ABOUT THIS REPORT WE ARE KENANGA LEADERSHIP STATEMENTS SUSTAINABILITY AT KENANGA KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2023 GOOD GOVERNANCE Corporate Governance Framework Our Corporate Governance The Board strives to adopt principles and best practices of good corporate governance and ensures Kenanga and its subsidiaries comply with regulatory guidelines issued by Bank Negara Malaysia, Bursa Malaysia Securities Berhad and the Securities Commission Malaysia. The Group aims to ensure balance of power and authority between the Chairman and the Group Managing Director (“GMD”) with a clear division of responsibilities between running of the Board and the Group’s business respectively. In line with the Malaysian Code on Corporate Governance and the Board Charter of KIBB, the positions of Chairman of the Group and GMD are held by different individuals, and the GMD is not a member of the Board. OUR APPROACH GOOD BUSINESS CONDUCT WHY IT MATTERS The implementation of a strong governance foundation is critical for Kenanga’s long-term value creation. It is imperative for us to instil a strong ethical and compliance culture that reflects the Group’s zero-tolerance approach towards financial crimes. GRI 205 STAKEHOLDERS Board Committees Management Committees Employees’ Share Scheme Committee Audit Committee Shariah Committee Group Managing Director Group Company Secretary Group Credit Committee Group Products Committee Group Outsourcing & Procurement Committee Building Committee Staff Outreach Committee Corporate Finance Senior Officer Committee BOARD OF DIRECTORS Group Board Risk Committee Group Risk Committee Group Executive Committee Group Digital Innovation Technology Committee Group Chief Internal Audit Group Board Digital Innovation & Technology Committee Group Governance, Nomination & Compensation Committee Group Sustainability Management Committee Group Talent Committee Group Disciplinary Committee Group Operational Risk Committee Group Business Continuity Management Committee
RkJQdWJsaXNoZXIy MTc1ODMy