On International Women’s Day 2022 the 30% Club Malaysia welcomed its latest Corporate Advocate, Bank Islam Malaysia Berhad (BIMB). A virtual event to commemorate these two important milestones was hosted by BIMB.
More than 160 guests from within BIMB, in addition to 30% Club Malaysia Corporate Advocates and volunteers tuned in to the event.
It began with a welcome address by Mohd Muazzam Mohamed, Group CEO, BIMB who shared the various initiatives to advance diversity, equity and inclusion within the bank and in its operations. He also shared the commimentment to #breakthebias
Then 30% Club Malaysia’s Chair Ami Moris addressed the guests and highlighted that Diversity, Equity and Inclusion (DEI) is a business case for Malaysia to build world-class companies that can compete with the global best.
Some of the notable updates she shared was that women representation on the top 100 PLC boards rose to 26% in February 2022, close to double what it was in 2015 (14%) when the chapter was established. Moreover, the women representation on the boards of all the 900+ PLCs has also steadily increased to 18% from 11%.
She also shared that the 30% Club Malaysia’s mission is validated by the announcement at Budget 2022 that it is mandatory for PLCs to appoint a female director by September this year.
Additionally, Bursa Malaysia’s recently launched PLC Transformation (PLCT) Programme also specifies diversity metrics as a measure of effectiveness of governance and talent management efforts.
30% Club Malaysia looks forward to more collaborative initiatives with BIMB and our other Corporate Advocates in 2022.
