Bank Islam Integrated Annual Report 2022

Qualified and Competent Company Secretary The Company Secretary of BIMB is qualified to act as company secretary under Section 235 of the Companies Act 2016 (CA 2016). The Company Secretary, Maria Mat Said, acts as advisor to the Board, particularly with regard to BIMB’s Constitution and its compliance with regulatory requirements, codes and legislations. All Directors have unrestricted access to the advice and services of the Company Secretary to facilitate the discharge of their duties. The Company Secretary constantly keeps herself abreast of evolving regulatory changes and developments in corporate governance through continuous training. She is a Chartered Professional in Islamic Finance (CPIF). The Board is satisfied with the performance and support rendered by the Company Secretary to the Board in discharging her functions in the financial year under review. This is reflected in the outcome of the 2022 BEE. The list of trainings attended by the Company Secretary during the financial year under review is set out in the CG Report. On-Going Professional Development for Directors The Board recognises the importance of ensuring that Directors are continuously being developed to acquire or enhance the requisite knowledge and skills to discharge their duties effectively. For newly appointed Directors, the Company Secretary will organise a Board induction programme where the new Directors are briefed on the governance requirements, which include among others, their disclosure obligations as Directors, the Board Charter, Code of Ethics, Constitution of the Company, the Group’s corporate structure and Schedule of Matters Reserved for the Board. Apart from governance, the induction programme also covers briefing by the respective Senior Management on BIMB’s business directions, the risk management and compliance framework, BIMB’s operations and includes branch visitation. Newly appointed Directors will be required to attend the Mandatory Accreditation Programme (MAP) accredited by the Institute of Corporate Directors of Malaysia (ICDM) and the Financial Institutions Directors’ Education (FIDE) Programme accredited by the ICLF Leadership and Governance Centre (ICLIF), Islamic Finance for Board of Directors under the International Shari’ah Research Academy (ISRA). For continuous development, Directors are required to fulfil the Individual Development Plan (IDP) of the Directors. Under the IDP, Directors are required to attend technical and leadership programmes, to further enhance their business acumen and professionalism which will enable them to be more effective in discharging their duties to the Group. Areas covered included corporate governance, leadership, ESG, anti-money laundering, IT/digital/technology, relevant industry updates and global business developments. For the FY2022, all Directors have fulfilled their mandatory Development Programme as well as their IDP. Detailed information on the training programmes attended by individual Directors during the financial year under review is provided in the CG Report. Board Effectiveness Evaluation The Board Effectiveness Evaluation (BEE) is to evaluate the performance of Board/Board Committees/ members of the Board as well as identifying any gaps or areas of improvement, where required. The Board conducts the annual self-evaluation to reflect on its performance for the financial year under review. As set out in the Board Charter of the Company, the Board members are assessed to ensure the current boardroom combined skillset and expertise are balanced and are able to steer the Group’s sustainable journey and the agenda. Under the purview of the BNRC, a formal evaluation was undertaken to assess the effectiveness of the Board and Board Committees as a whole, contribution of each individual Directors and the independence of Independent NEDs. Integrated Report 2022 190 Corporate Governance Overview Statement

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