Pemandu Associates Sdn Bhd president and chief executive officer Datuk Seri Idris Jala said companies often used this as an “excuse”, saying they were unable to find women candidates with the relevant expertise and experience. He said there was often confusion between the role of the board and management, with many boards interfering with management. In January, the Securities Commission (SC) said there were only seven large companies in the Top 100 listed companies with all-male boards. Idris said another reason some boards were not receptive to bringing in women was that they were very comfortable with their existing members. The Government aims for at least 30% of boards of directors in public-listed companies to be made up of women by 2020.
Source: The Star April 16, 2018 23:37 UTC