Question
Sime Darby Property appoints Datuk Hamidah Naziadin, Dr Lisa Lim to the board KUALA LUMPUR: Sime Darby Property Bhd (SDP) has appointed Datuk Hamidah Naziadin
Sime Darby Property appoints Datuk Hamidah Naziadin, Dr Lisa Lim to the board KUALA LUMPUR: Sime Darby Property Bhd (SDP) has appointed Datuk Hamidah Naziadin and Dr Lisa Lim Poh Lin as new independent and non-executive directors to its board effective today. Chairman Rizal Rickman Ramli said these appointments would add to the breadth of diverse expertise to drive the company's future aspirations. "The board will benefit from their vast knowledge and unique perspectives mainly in human capital development and sustainability in guiding the company through its transformation journey. "We look forward to Hamidah and Dr Lisa's valued contributions to the board," he said in a statement today. Group managing director Datuk Azmir Merican said Hamidah and Dr Lisa's valuable experience would provide Sime Darby Property with a different dimension to support the company's business growth in the real estate development industry. Hamidah has over 30 years of extensive strategic human resources (HR) and leadership experience in the financial services sectors across Malaysia and ASEAN. She spent an illustrious career with CIMB group as its group chief people officer, leading strategies to attract, develop and retain talent, cultivated an agile workforce to prepare for the future of work, and enhanced the end-to-end employee experience via technology innovation. Her key achievements included strategizing the resource integration in successful mergers and acquisitions within Malaysia and across ASEAN and APAC regions and implementing awardwinning strategic HR programmes. She was also the former CIMB Foundation chief executive officer from May 2016 to October 2020, where she led the corporate social responsibility agenda of the company with its internal and external stakeholders, focused on enhancing community development, sports and education, including advocating financial literacy amongst the youth. Hamidah is currently an independent non-executive director of Maxis Bhd and Nestle (Malaysia) Bhd. She also sits on the board of Majlis Sukan Negara Malaysia. Dr Lisa has over 20 years of global experience in management consulting, academic research, and investment management and is currently a Partner and Fund Manager of Prusik Investments Management LLP. She brings a wealth of expertise from her previous role as a fund manager at Columbia Threadneedle in London, where she was also the Head of Global Telecoms Research.She started her career as an Investment Banking Analyst in Morgan Stanley Dean Witter before becoming an Associate with The Boston Consulting Group. Before joining the Investment Management industry, Dr Lisa was in academic research, where she was an Assistant Professor at the National University of Singapore. Dr Lisa was a recipient of the Malaysian Public Services Department scholarship and the Cambridge Commonwealth Trust Full scholarships
Refer to the article above, comment on the rationale of the appointment of Datuk Hamidah Naziadin and Dr Lisa Lim Poh Lin as the independent and non-executive directors of the company. In addition, comment on the TWO (2) MOST IMPORTANT criteria that should be considered prior to select the MOST appropriate candidate for the specific position in the company. Justify your answer from the corporate governance context.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started