ICDM Board of Audit & Risk Management Committee Dialogue & Networking Session (in collaboration with Deloitte Malaysia)
Board’s Role in Whistleblowing Oversight
24 October 2024 | 10:00 a.m. – 12:00 p.m. | Penta Hall, ICDM
Choosing to blow the whistle on a misconduct is a major decision that comes with potential consequences but having an effective whistleblowing framework in place can offer crucial support and protection, making it easier and safer to stand up for what is right.
While whistleblowing may not be the be-all and end-all to uncovering frauds or breaches of governance, it demonstrates a company’s commitment in upholding accountability and transparency – a key component that every board member should prioritise.
Join us for an engaging half day programme where we will explore the findings of the Deloitte 2024 Conduct Watch Survey Report. The presentation and panel discussions will give insights on the current state of whistleblowing practices, the evolving challenges and protection across Asia Pacific, new approaches to robust whistleblowing system as well as the boards’ role in ensuring ethical conduct across all levels within an organisation.
Register now and send us your burning questions or issues you would like to bring up during the dialogue session to advocacy@icdm.com.my. This dialogue session will be held under the Chatham House Rule.
Programme Agenda
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Thursday | 24 October 2024 |
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| 9:30 am | Registration & Networking Over Light Refreshments |
| 10:00 am | Opening Context | Setting the “Tone at the Top”
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| 10:05 am | Presentation | Deloitte Asia Pacific: The 2024 Conduct Watch Survey
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| 10:30 am | Panel Dialogue | The Way Forward: Whistleblowing and Governance
Moderator: Oo Yang Ping Panellists:
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| 12:00 pm | Session Ends & Networking Over Light Refreshments |
Speaker’s Profile
Michele Kythe Lim
President & CEO
ICDM
Michele brings with her a wide spectrum of leadership and advisory experience, over a career spanning 30 years, particularly on corporate governance-related matters, which includes board evaluation, director development and education, remuneration and succession planning, legal and compliance, sustainability and corporate performance.
Under her leadership, ICDM has embarked on a series of director development programmes, board advisory services, as well as research and advocacy projects to support the Securities Commission Malaysia (SC)’s vision to build and strengthen the country’s corporate governance culture. She works closely with boards, the director community, regulators, and other key stakeholders in the corporate governance ecosystem to enhance board and director effectiveness and professionalism in Malaysia.
ICDM currently serves a wide range of clients from both the government and the private sectors, from public-listed companies to small and medium enterprises.
Prior to her current role, Michele had held senior leadership and board positions in IHH Healthcare Berhad and Proton Holdings Berhad group companies. At IHH Healthcare Berhad, she was also a member of a subsidiary board, as well as the Chief Sustainability Officer leading the sustainability reporting and practices for the Group.
Michele holds a LLB Hons degree from the University of Wales, Aberystwyth, UK (1991) and is a Barrister-at-Law at Middle Temple, London, England. She completed the Senior Management Development Programme of Harvard Business School in 2009 and is also a Licensed Company Secretary.
Oo Yang Ping
Global and Asia Pacific Conduct Watch Leader
Deloitte
Yang Ping is the Global and AP Leader for Conduct Watch and ClaimsView. Conduct Watch is a secure and seamless end-to-end whistleblowing solution, helping organisations accelerate how they identify, respond to, resolve and report on fraud and other misconduct. ClaimsView is a cloud based, end-to-end management tool, helping organisations maintain integrity and quality across a large volume of claims.
Yang Ping also leads the Deloitte Forensic practice in Malaysia, with over 25 years of experience in professional services. He has advised clients of various sizes and industries on fraud and anti-bribery risk, compliance, and assurance related matters in the UK, US and Asia. His experience includes helping organisations in the area of corporate governance, risk management, as well as process and controls enhancements.
Richard Lai
Independent Non-Executive Director
DKSH Holdings (Malaysia) Berhad
Mr. Richard Lai Tak Loi is a seasoned corporate professional with strong entrepreneurial skills and a proven track record in developing strategy, driving business transformation, and establishing and growing the financial value of businesses. He has served as a key advisor on various governance committees.
Mr. Lai was appointed to the Board of DKSH Holdings (Malaysia) Berhad on November 4, 2022, as an Independent Non-Executive Director and Chairman of the Audit Committee. He is also a member of ICDM.
Mr. Lai has more than 30 years of working experience in various industries, including distribution, logistics, transportation, real estate, and financial services. He has held various positions, such as CEO and Group CFO of SGX-listed entities. He was most recently the Group CFO at IMC Pan Asia Alliance Pte Ltd (now known as Tsao Pau Chee), a position he relinquished since June 2023. Prior to this, Mr. Lai was the Group CFO of Singapore Post Limited (“SingPost”) where he successfully extracted the Group from its loss-making US businesses and pivoted it towards its new growth in Australia. He joined SingPost from GuocoLand Limited, part of the Hong Leong Group Malaysia, where he served for almost four years as its Group CFO.
Mr. Lai also served as CFO and Deputy CEO and was subsequently appointed CEO of Mapletree Logistics Trust Management before leaving to start his own real estate capital management firm, LABRO Capital. Mr Lai was previously a banker in various capacities with various banks and financial institutions, including Alliance Merchant Bank, Standard Chartered Bank, Schroders, and Arab-Malaysian Merchant Bank (now known as AmInvestment Bank Berhad).
He graduated with a Bachelor of Arts in Economics, majoring in Accounting and Finance, from the University of Manchester, United Kingdom. Mr Lai is a member of Malaysian Mensa Society.
Dato’ Sri Dr. Akhbar Satar, CFE
President
Malaysia Integrity and Governance Society (MIG)
Dato’ Sri Dr. Akhbar Satar is the President of Malaysia Integrity and Governance Society (MIG) and the founder of the Association of Certified Fraud Examiners (ACFE)-Malaysia Chapter. ACFE is an Austin, Texas based world’s largest anti-fraud organisation and premier provider of anti-fraud, anti- corruption training and education with 95,000 members in more than 150 countries.
He is the former immediate President of Transparency International Malaysia, the accredited national chapter of the Berlin-based Transparency International, which is an independent, non-governmental and non-partisan organisation committed to fight against corruption at all levels of society.
Additionally, Akhbar has more than 40 years of investigative experience including more than 18 years of experience with the Anti-Corruption Agency (ACA), now known as the Malaysian Anti-Corruption Agency (MACC). During his service with the ACA, he held numerous senior management positions including as a State ACA Director and Director of Training at ACA before his optional retirement from the agency in 2001.
In the private sector, he has more than 21 years of experience including being appointed as a Director of Hill & Associates (Malaysia), a Hong Kong based Security Risk Management company for more than 2 years.
He also set up Akhbar & Associates Sdn Bhd, a company investigating corporate fraud, economic crime and risk management. The company also set up a Polygraph Science Academy to conduct and train professionals in polygraph examination.
In the academic fraternity, Akhbar Satar who is a criminologist and crime analyst is the Director and holds professorial chair at the Institute of Crime & Criminology and a Senior Research Fellow and Chief Integrity Officer of HELP University, Kuala Lumpur, a position he has held since 2006 He played a key role in establishing the Master of Science in Economic Crime Management program. He was also an Academic Advisor at the Faculty of Accountancy, University Technology MARA (UiTM) from 2014-2016. In 2018, Akhbar is the Adjunct Fellow, Asian Research Institute for Corruption, Universiti Utara Malaysia (UUM).
He obtained an MA in Criminal Justice Studies from the University of Detroit, USA in 1990 and holds the Doctor of Business Administration (Organisational Criminology). Akhbar is also a Certified Fraud Examiner (CFE) and a Forensic Polygraph Examiner.
In addition, Dr Akhbar is the Institute of Integrity Malaysia Board Member. He was accepted as an Affiliate member of the Asian Institute of Chartered Bankers, a full member of the prestigious American Polygraph Association, member of the American Society of Criminology and member of the International Association of Crime Analysts.
In 2015, he was appointed by the government as a member of National Consultative Committee on Political Funding and in 2019 a committee member of Investigative Committee for Governance, Procurement and Governance Finance chaired by Tan Sri Ambrin Buang, the Malaysia’s former Auditor General.
Akhbar was appointed by Yang Dipertuan Agong as the Anti-Corruption Advisory Board of MACC (2019-2023).
Akhbar is also a member of the Nomination Committee (Education & Community) of the Merdeka Award where DYMM Sultan Nazrin is the Royal Patron of the Merdeka Award Trust and the chairman of the Merdeka Award Board of Trustees.
As a speaker, he has spoken widely on fraud, corruption, ethics, integrity and detection of deception in seminars and conferences held both locally and internationally.
Selvamalar S Alagaratnam
Partner
Skrine
Selvamalar is head of the firm’s Employment practice. She provides integrated support to a wide range of clients in various industries on all employment/human resource related matters including compliance with all laws applicable to employment relationships; managing the exit of employees whether by way of collective reduction in force exercises or individual terminations for misconduct or poor performance; protection of confidential and proprietary information; investigations and disciplinary actions; trade unions, both recognition and collective bargaining; dispute resolution at all levels and business immigration. She is sought after by corporations to assist them in managing and navigating the social criteria in ESG requirements or guidance in Business and Human Rights . She also provides strategic advice in internal fraud management advising clients in high profile and highly sensitive matters involving fraud perpetrated by employees; and the options available to the organisations to obtain redress against the wrongdoers. Her client base is spread across various sectors and includes regulators. Her practice extends to focused compliance on bribery and corruption as well as acting for medical practitioners in negligence and malpractice suits
Satpal Singh
Chief Governance & Risk Officer
PLUS Malaysia Berhad
As a chartered accountant with extensive experience in Risk Management, Internal Audit, Compliance and Integrity, Satpal established the Governance, Risk, and Compliance function at PLUS and now leads the Strategy & Sustainability division.
He was recognized as the ASEAN Risk Professional of 2022 and has led PLUS to numerous local and international awards in governance, risk, integrity and sustainability.
He was a speaker at COP28 at the Malaysian Pavilion on climate adaptation, a panelist at the UNFCCC Climate Action Hub discussing transportation resilience and represented Malaysia at the 77th United Nations General Assembly (UNGA) in New York. He was recently featured on BFM Business Station’s People & Planet podcast, where he advocated for building highway resilience.
This event is organised in collaboration with Deloitte Malaysia.
