Annual Report 2023 73 CORPORATE GOVERNANCE OVERVIEW STATEMENT PRINCIPLE A - BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) II. BOARD COMPOSITION Board Composition and Independent Directors on the Board During the financial year under review, there have been several changes to the Board composition as follows:- • Retirement of General Tun (Dr) Mohamed Hashim bin Mohd Ali (Rtd) on 14 September 2022; • Retirement of Dato’ Sri Sharifuddin bin Ab Ghani on 14 September 2022; • Retirement of Cik Noor Suhaila binti Saad on 14 September 2022; • Appointment of Datuk Haji Abu Hanifah bin Noordin as Deputy Executive Chairman and Chief Executive Officer on 14 September 2022; • Appointment of CP (R) Datuk Mohd Khalil bin Kader Mohd as Independent Non-Executive Director on 14 September 2022; • Appointment of Dato’ Roseleen binti Buyong as Non-Independent Non-Executive Director on 14 September 2022; • Appointment of Mr Chew Chi Hong as Executive Director on 14 September 2022; • Re-designation of Encik Wan Zalizan bin Wan Jusoh from Managing Director to Executive Director on 14 September 2022; • Re-designation of Mr Chia Kok Khuang from Deputy Managing Director to Executive Director on 14 September 2022; • Appointment of Tan Sri Dato’ Seri Dr Khalid bin Abu Bakar as Independent Non-Executive Director on 29 September 2022; • Appointment of Tan Sri Ahmad Zaki Ansore bin Mohd Yusof as Independent Non-Executive Director on 29 September 2022; • Re-designation of Datuk Haji Abu Hanifah bin Noordin from Deputy Executive Chairman and Chief Executive Officer to Executive Chairman on 29 September 2022; • Resignation of Encik Wan Zalizan bin Wan Jusoh as Executive Director on 29 September 2022; • Appointment of Tan Sri Borhan bin Dolah as Independent Non-Executive Director on 12 October 2022; • Appointment of Datin Normaliza binti Kairon as Independent Non-Executive Director on 12 October 2022; and • Re-designation of Encik Safian bin Mohd Yunus from Executive Director to Non-Independent Non-Executive Director on 12 October 2022. As of the date of this statement, the Board consists of fifteen (15) members, comprising of one (1) Executive Chairman, two (2) Executive Directors, nine (9) Independent Non-Executive Directors and three (3) Non-Independent Non-Executive Directors, in compliance with Paragraph 15.02(1) of the MMLR of Bursa Malaysia. The Independent Directors make up 50% of the Board composition. Presently, the number of female Directors on the Board is two (2), representing 13% of the total Board composition. The Board will review its composition and size from time to time with the aim to eventually achieve the target of 30% female representation on the Board. In May 2023, the Board through its NRC conducts an annual review of its size and composition, to determine if the Board has the right size and sufficient diversity with independence elements that fit the Company’s objectives and strategic goals. The Board was of the view that the current Board size of fifteen (15) members as at the date of the Annual Report is appropriate and adequate to effectively govern the Group. The profile of each Director is set out under the Directors’ profile section of this Annual Report. The Company acknowledges and recognises the benefits arising from the boardroom and workforce diversity, including enhancing the Group’s performance, improving efficiency and employees retention. The Gender Diversity Policy is available on the Company’s website at www.datasonic.com.my. The NRC has conducted an annual review on the diversity in skills, experience, age, cultural background and gender of the Directors and Key Senior Management.
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