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Women hold 34pc of top board seats

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Women hold 34pc of top board seats

Women now hold over 34.4 percent of board seats in Malaysia's top 100 publicly listed companies, according to the 30% Club Malaysia. However, the organization emphasizes that merely reaching diversity targets is not enough. Chairperson Nurul A in Abdul Latif highlighted the need for women's perspectives to shape corporate strategy and decision-making processes.

To achieve this, aspiring women directors require access to professional networks, sponsorship, and boardroom exposure through programs like the Board Mentoring Scheme (BMS). Established in 2017 in partnership with PwC Malaysia, the BMS aims to develop a pipeline of board-ready women by providing mentorship and meaningful connections.

Since its inception, the programme has supported more than 179 senior women leaders across 11 cohorts, resulting in 47 percent securing board positions in public-listed companies, SMEs, and industry associations. The 30% Club's Pauline Ho stressed that board diversity should be measured by whether women's views influence organizational decisions, not just by their presence.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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