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Deloitte launches Centre for Corporate Governance in Singapore

CG2The Centre for Corporate Governance was successfully launched by Deloitte Singapore on 27 April 2010. 

More than 100 people attended this launch which was organized in partnership with INSEAD and with support from the Institute of Certified Public Accountants of Singapore, the Singapore Institute of Directors and Yale School of Management's Millstein Centre for Corporate Governance & Performance.

Held at INSEAD Asia Campus, this launch was graced by Ms Yeo Lian Sim, Senior Executive Vice President and Head of Risk Management & Regulation, Singapore Exchange Limited, who gave the keynote address on the role of corporate governance in an international financial centre
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In his welcome address Mr Chaly Mah, CEO of Deloitte Asia Pacific, explained that Deloitte was setting up Centres for Corporate Governance around the world to to bring together the knowledge and experience of member firms in the critical area of corporate governance. These centres aim to support executives, boards of directors, and others active in governance by providing them with resources pertaining to current boardroom issues and governance trends as well as to encourage dialogue, knowledge-sharing, and collaboration.

Ludo Van der Heyden, Solvay Chaired Professor of Technological Innovation & Director of the INSEAD Governance Initiative and Michael Klein, Advisory Board Member, Yale School of Management’s Millstein Center for Corporate Governance & Performance, kept the audience in rapt attention with their interesting presentations and insights on corporate governance from an international perspective and corporate governance reforms.

The audience also gained some knowledge on the role of risk management in corporate governance and how to build risk intelligence enterprises from Stephen Wagner Chairman Emeritus of Deloitte Global Center for Corporate Governance and retired partner of Deloitte & Touche LLP, who shared insights from the book he co-authored titled “Surviving and thriving in uncertainty”.
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The event ended with a stimulating and thought provoking panel discussion on “Corporate governance reforms - Are more regulations the answer in today’s environment”.

Roundtable discussion
As part of the launch of the Corporate Governance Centre, a Roundtable discussion was held on 26 April on the topic of “How corporate governance can enhance Singapore’s leading position in the market”. Deloitte was privileged to host a gathering of key people from the diverse domains of business, academia and the non-profit sector. The closed-door discussion illuminated various issues surrounding corporate governance in Singapore and participants shared insightful opinions.

Of the major themes that were looked at, the key role of directors and discussions around director training, obligations, roles and the expectations of shareholders and business executives bounced energetically across the table. A white paper from this roundtable will be produced.

Centre for Corporate Governance website

Visit our Centre for Corporate Governance website at www.corpgov.deloitte.sg

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