We have a clearly defined governance framework that promotes transparency, fairness and accountability.
We have provided a summary of disclosures on our compliance with the Guidelines on Corporate Governance for Designated Financial Holding Companies, Banks, Direct Insurers, Reinsurers and Captive Insurers issued on 9 November 2021, which comprise the Code of Corporate Governance 2018 and additional guidelines added by the Monetary Authority of Singapore, in our latest Annual Report.
Please refer to the ‘Investors’ page for our latest Annual Report which provides details on our corporate governance framework and practices.
Please refer to the ‘About/Our Leadership’ page for the biodata of each Board member.
Delegation by the Board to the Board committees
To discharge its stewardship and fiduciary obligations more effectively, the Board has delegated authority to various Board committees to enable them to oversee certain specific responsibilities based on clearly defined terms of reference. Any change to the terms of reference for any Board committee requires Board approval.
Internal controls framework
Our internal controls framework covers financial, operational, compliance and information technology controls, as well as risk management policies and systems.
The Board believes that corporate governance principles should be embedded in our corporate culture. Our corporate culture is anchored on competent leadership, effective internal controls and a set of common values.
Please refer to ‘AGM and EGM’ at the 'Investors' page for information on our General Meetings, Notices, Proxy Forms, Outcome and Minutes.
Asia’s Safest Bank, 2009 – 2023, Global Finance
Best Bank in the World 2022, Global Finance
World's Best Bank 2021, Euromoney
Best Bank in the World 2020, Global Finance
World's Best Bank 2019, Euromoney
Global Bank of the Year 2018, The Banker