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1. Pursuant to Appendix 4 of CG-BNM, a financial institution must disclose information on its corporate governance policies and practices. As such, CBB Bank Bhd.
1. Pursuant to Appendix 4 of CG-BNM, a financial institution must disclose information on its corporate governance policies and practices. As such, CBB Bank Bhd. had issued its Corporate Governance Disclosures Report (CGDR), which are deemed accurate, clear and presented in a manner that is easily understood by its Board, customers and other relevant stakeholders. The report was prepared and being presented in the Annual General Meeting (AGM) as an Appendix to the CEO's report . This CGDR can also be found in the company's annual report book. Evaluate and conclude whether CBB was following the appropriate action in accordance with CG-BNM. State your reasons. (4 marks) ABC Investment Bank Bhd. is appointing a new CEO. However, there are some issues regarding the appointment. The application was made electronically via the BNM's official website on 1 December 2020, which is still pending for approval. On 1 February 2021, the Board has already issued an official appointment letter to the new CEO due to an urgent management and operational matters. (6 marks) 2
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