Page 135 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 133
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

Management receives the Board’s guidance, takes note iv. Training and Development of Directors
of the comments and feedbacks from the Directors and
The Board has taken steps to ensure that its members
provides agreement with the Directors on proposed actions
have ongoing access to appropriate continuing education
to be taken, including the decisions.
programmes and reasonable budget has been allocated
Outside Board meetings, Board approvals for matters in for the programme. Directors are encouraged to attend
the ordinary course of business can be obtained through talks, briefings, workshops and utilise online learning tools,
written resolutions. Ad-hoc meetings are held when reading materials and trainings on areas that would benefit
necessary. Directors have direct access to Senior them in their roles and responsibilities.
Management and may request for additional information
All Directors of Bank Muamalat are required to register for
from them. Directors have access to the Company
the director’s core training programme under the Financial
Secretary at all times.
Institutions Directors’ Education Programme (“FIDE”)
iii. Board Induction and Succession Planning within a year and Islamic Finance for Board within two years
upon his/her appointment.
On appointment, each new Director will undergo an
on-boarding exercise. This will expedite the familiarisation All Board members have attended and completed the
process for new Directors with the environment that Director’s Core Training Programme under FIDE within the
the Bank operates in, the Bank’s business strategy and period stipulated under the Director’s Training Policy of the
operations. On appointment to the Board, all Directors will Bank. In line with the MCCG 2021 recommended practice,
need to attend an induction programme which is tailored the Company Secretary facilitates the orientation of new
to the new Director’s requirement. Directors and assist in directors’ training and development.

The said session will be organised as soon as practicable A summary of training courses attended by the Directors
not later than three months upon the appointment of the during the financial year are listed below:
Director.
Islamic Finance for BOARD (“IF4BOD”)
All new Directors are required to attend the programme FIDE Elective Programme: RMiT & Digital Transformation
or other similar sessions that may help him/her achieve the
Briefing Session "Seksyen 17" with SPRM
intended outcome as soon as possible, once appointed.
The Company Secretary also facilitates the induction of FIDE Forum Dialogue on the Future of Malaysia's
newly approved Directors. Financial Sector
JC3 Flagship Conference 2021
The BNRC is responsible for developing succession plans
BNM-FIDE FORUM Dialogue on RMiT Implementation
and to identify and recommend candidates for the Board
Structured Shariah Training: Regulatory Framework
to ensure that the Board is made up of directors with
appropriate skills, experience, expertise and diversity. and Legal Issues for Islamic Financing & Legal
The BNRC also oversees the appointment and Documentations
succession planning for key Senior Management. Shaping the future of FI board leadership - Invitation
to FIDE FORUM's engagement session on Board
Leadership Framework
Raising Defences: Section 17A, MACC Act
KPMG-US Forced Labor Legislation: Impact on
Corporate Malaysia
Business Continuity Management (“BCM”) Awareness
Training