Affin Bank Berhad | Annual Report 2020

In terms of nationality, the Board currently have two (2) foreign Directors representing one of the major shareholders, The Bank of East Asia Limited (BEA), namely Mr. Chan Tze Ching Ignatius and Mr. Yuen Wai Hung Peter, both are from Hong Kong with wealth of experience in banking business and strategy. The Board acknowledges the recommendation of the MCCG pertaining to the establishment of boardroom gender diversity policy. The Bank has three (3) female Directors on the Board which constitute 30% of Directors namely Dato' Rozalila binti Abdul Rahman, Pn. Marzida binti Mohd Noor and Ms Chan Wai Yu, (who was appointed to the Board on 1 April 2021) as Independent Non-Executive Directors. The Board will continue to uphold the principle of boardroom gender diversity in consonance with Government's agenda to achieve the target of at least 30% women on the Board of PLCs. The Board has escalated its efforts to establish a more diverse Board which bears a variety in the dimensions of skills, experience, age, cultural background and gender. Appointments, Removals and Re-election of Directors New appointment of Directors All appointments of Directors are subject to the approval of BNM which is for a specific term of appointment. The GBNRC is responsible for assessing the candidate(s)’ qualifications and experiences and whether he/she fulfills the minimum requirements as set out in the BNM Policy Document on Corporate Governance, BNM Fit & Proper Criteria and any other relevant regulations. The GBNRC thereafter submits its recommendation to the Board for decision on submission of application to BNM for the proposed new appointment as Director. In identifying candidates for appointment of Directors, the GBNRC does not solely rely on recommendations from existing Board members, Management or major shareholders. The GBNRC has the right to utilise independent sources at the cost of the Company in order to identify suitable qualified candidates. 184 CORPORATE GOVERNANCE OVERVIEW STATEMENT ORGANISATION EXECUTIVE SUMMARY CORPORATE GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION 55-60 (3) 61-65 (2) 66-70 (4) 71-75 (1) Below 2 years (6) 2-5 years (3) Male (7) Female (3) Above 9 years (1) AGE 30 % 30 % 10 % 30 % TENURE 6 0 % 10 % 30 % GENDER 30 % 70 % B O A R D S K I L L & E X P E R I E N C E S BANKING ACCOUNTING STRATEGIC MANAGEMENT INSURANCE BUSINESS ADMINISTRATION IT / E-COMMERCE RISK / CREDIT MANAGEMENT FINANCE / ECONOMIC HUMAN RESOURCE