Bandar Seri Begawan: Modern boards must function as strategic partners to management, guiding, challenging, and co-piloting the organisation toward long-term success.
According to Radio Television Brunei, the Deputy Minister of Finance and Economy for Economy, Ministry of Finance And Economy, stressed that at the intersection of global disruption, climate transition, digital transformation, and evolving stakeholder expectations, the quality and capability of governance will determine not just organisational outcomes, but national competitiveness. Speaking at the Corporate Governance Forum, held on the morning of June 16th, Dato Seri Paduka Haji Khairuddin bin Haji Abdul Hamid, Chairman of Brunei Darussalam Central Bank (BDCB), emphasised that investing in the professional development of directors, including independent and non-executive directors, can produce stronger and more capable boards. This investment enables boards to respond to today’s complex governance challenges, including expanding access to certification, training, peer learning, and networking opportunities.
The forum featured presentations and panel discussions on key topics such as the evolution of governance from regulatory compliance to strategic leadership, strategic risk management, and the board’s role in fostering innovation and resilience. The sessions included partnerships from regulatory authorities, investment agencies, academic institutions, and corporate boards from Brunei Darussalam, Singapore, Indonesia, Malaysia, and Australia.