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ISCA, Council for Board Diversity sign MOU to improve support for Singapore’s board directors

Jovi Ho
Jovi Ho • 3 min read
ISCA, Council for Board Diversity sign MOU to improve support for Singapore’s board directors
Nearly half of board appointments made at the 100 largest SGX-listed companies in 2022 went to directors without prior experience. Photo: Bloomberg
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The Institute of Singapore Chartered Accountants (ISCA) has signed a memorandum of understanding (MOU) with the Council for Board Diversity (CBD) to strengthen support for directors. 

According to a May 7 statement, the two parties will work together to advance board diversity — across skills, perspectives, experience, gender and backgrounds. 

Singapore’s pool of board talent is growing. According to CBD data, nearly half of all board appointments made at the 100 largest companies listed on the Singapore Exchange (SGX:S68) (SGX) in 2022 went to directors without prior experience at SGX-listed issuers. 

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