English

The introduction of the Principles on Good Governance (PGG) by the Finance Ministry accentuates directors’ integrity and accountability in strengthening and reforming GLICs. Directors are leaders who set the tone at the top and determine the board culture which emanates downwards as the corporate culture.

Besides, PCG would also serve as the sole reference to governance baseline and sustainability practices for all GLICs to enable the latter better prepare themselves for the adoption of ESG elements in their investment strategies.