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What It Really Means To Be a Director In Times Like This

Programme Overview

Board directors are now expected to step up and guide their organisations through unusual times like now. Whilst oversight and control and the duty of care and loyalty remain vital, a director’s experience, wisdom and professional skills have never been more important.

The transition from a senior executive role to being a director can be challenging, especially in the current landscape where there is growing complexity in board responsibilities – some organisations are facing different challenges throughout the crisis, some are aiming for new levels of growth and others struggling to even survive. Directors can delegate many of the tasks of leadership, but they can never delegate or abrogate full accountability for the outcomes.

When exercising their fiduciary duties, a director must act with reasonable and appropriate care and skill as expected under the law and uphold good governance standards. Their responsibilities beyond statutory duties have now been extended to the oversight of short-term crisis response vs long term priorities, risk exposures, and broader stakeholder commitments, amongst many others.

With new demands and challenges, the role calls for greater governance capabilities and exceptional skillsets to provide intrinsic leadership and direction from the top to ensure sustainable growth of the organisation.

The session is intended to provide aspiring and new directors an essential overview of corporate directorship and will cover:

  • The director landscape of today
  • Understanding the transition: From executive to board
  • The types of director
  • Duties, responsibilities and liabilities
  • Rewards of being a director
  • Doing due diligence on an opportunity to join a board
  • Highlighting your board-ready skills: What are they?
  • Some tips in positioning for board roles

Learning Outcomes

Programme

5.00pm Welcome Notes by ICDM & CIMA Representatives
5.05pm ‘What It Really Means To Be a Director in Times Like This’ by Philip Forrest, Member of the Governing Council
and Chair of the International Relations Committee, Singapore Institute of Directors (SID)
5.45pm ‘My Directorship Journey’ by a Representative from CIMA
6.00pm Question & Answer
6.15pm End of Webinar

Speaker Profile

PHILIP FORREST | FAICD, FSID, FCA, FCPA, FAIBE, BCOMM
MEMBER OF THE GOVERNING COUNCIL & CHAIR OF THE INTERNATIONAL RELATIONS COMMITTEE, SINGAPORE INSTITUTE OF DIRECTORS

Philip Forrest is an experienced independent director who has lived in the ASEAN region since 1982, and in Singapore since 1991. He is currently a member of Governing Council and Chair of the International Relations Committee of the Singapore Institute of Directors.

Philip was an Independent Director and Chairman of the Audit Committee of an ASX-listed company (a component company of the All Ordinaries Index), with activities in Asia and Australia, from 2014 to 2019. He is an Independent Director of six other companies, with activities mostly in the ASEAN region and Australia, and is a Director of several not-for-profit organisations.

Philip is currently a director of AustCham ASEAN. He also sits on the Advisory Council of James Cook University (Singapore campus) and is Chair of the Business Studies committee. He has previously served on the Council of the Singapore Business Federation, the Boards of the Australian Chamber of Commerce (former president), the British Chamber of Commerce, the Australia-Thai Chamber of Commerce (former president), the Council of the Association of Banks in Singapore, and the University of Queensland’s BEL Ambassador Council in Singapore (former chairman). Before embarking on a directing career, he was Asia Head for ANZ Bank, with responsibility for the Bank’s activities in 11 countries from Japan to Indonesia. He also spent 15 years with Citibank in five countries.

FREE REGISTRATION

Register Now
 

Registration will be on a first come, first served basis

Organised in collaboration with:

Programme Overview

Board directors are now expected to step up and guide their organisations through unusual times like now. Whilst oversight and control and the duty of care and loyalty remain vital, a director’s experience, wisdom and professional skills have never been more important.

The transition from a senior executive role to being a director can be challenging, especially in the current landscape where there is growing complexity in board responsibilities – some organisations are facing different challenges throughout the crisis, some are aiming for new levels of growth and others struggling to even survive. Directors can delegate many of the tasks of leadership, but they can never delegate or abrogate full accountability for the outcomes.

When exercising their fiduciary duties, a director must act with reasonable and appropriate care and skill as expected under the law and uphold good governance standards. Their responsibilities beyond statutory duties have now been extended to the oversight of short-term crisis response vs long term priorities, risk exposures, and broader stakeholder commitments, amongst many others.

With new demands and challenges, the role calls for greater governance capabilities and exceptional skillsets to provide intrinsic leadership and direction from the top to ensure sustainable growth of the organisation.

The session is intended to provide aspiring and new directors an essential overview of corporate directorship and will cover:

  • The director landscape of today
  • Understanding the transition: From executive to board
  • The types of director
  • Duties, responsibilities and liabilities
  • Rewards of being a director
  • Doing due diligence on an opportunity to join a board
  • Highlighting your board-ready skills: What are they?
  • Some tips in positioning for board roles

Learning Outcomes

Programme

5.00pm Welcome Notes by ICDM & CIMA Representatives
5.05pm ‘What It Really Means To Be a Director in Times Like This’ By Philip Forrest, Member of the Governing Council
and Chair of the International Relations Committee, Singapore Institute of Directors (SID)
5.45pm ‘My Directorship Journey’
By a Representative from CIMA
6.00pm Question & Answer
6.15pm End of Webinar

Speaker Profile

PHILIP FORREST | FAICD, FSID, FCA, FCPA, FAIBE, BCOMM
MEMBER OF THE GOVERNING COUNCIL & CHAIR OF THE INTERNATIONAL RELATIONS COMMITTEE, SINGAPORE INSTITUTE OF DIRECTORS

Philip Forrest is an experienced independent director who has lived in the ASEAN region since 1982, and in Singapore since 1991. He is currently a member of Governing Council and Chair of the International Relations Committee of the Singapore Institute of Directors.

Philip was an Independent Director and Chairman of the Audit Committee of an ASX-listed company (a component company of the All Ordinaries Index), with activities in Asia and Australia, from 2014 to 2019. He is an Independent Director of six other companies, with activities mostly in the ASEAN region and Australia, and is a Director of several not-for-profit organisations.

Philip is currently a director of AustCham ASEAN. He also sits on the Advisory Council of James Cook University (Singapore campus) and is Chair of the Business Studies committee. He has previously served on the Council of the Singapore Business Federation, the Boards of the Australian Chamber of Commerce (former president), the British Chamber of Commerce, the Australia-Thai Chamber of Commerce (former president), the Council of the Association of Banks in Singapore, and the University of Queensland’s BEL Ambassador Council in Singapore (former chairman). Before embarking on a directing career, he was Asia Head for ANZ Bank, with responsibility for the Bank’s activities in 11 countries from Japan to Indonesia. He also spent 15 years with Citibank in five countries.

FREE REGISTRATION

Register Now
 

Registration will be on a first come, first served basis

Organised in collaboration with:


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