Malaysia Mandates Companies to Have at Least One Woman Director
- Proposal to take effect Sept. 1, 2022 for large companies
- Contribution of women to economy must be reinforced: FM
Commuters in Kuala Lumpur.
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Malaysia’s publicly traded firms must have at least one woman director on their boards from next year, as the government seeks to ensure more female oversight in the running of companies in the Southeast Asian nation.
The proposal will take effect from Sept. 1, 2022, for large capital companies and June 1, 2023 for other listed firms, Finance Minister Zafrul Abdul Aziz said on Friday as he delivered the nation’s spending plan for next year.