Stefanie Yuen Thio comments in BT: “Dedicated body to level up corporate governance standards”

In a news article published on 13 February 2019 by the Business Times on the 18-member Corporate Governance Advisory Committee unveiled on the day before, Stefanie Yuen Thio said: “The inaugural CGAC is clearly made up of industry folks with a wealth of experience. Notably, trusted henchmen of Singapore Inc are not in short supply. However, given Singapore’s objective to develop into an international financial and economic hub, I would have liked to see a greater representation from international players – including investors, fund managers and academics – who could share their experience from the global arena.”

The introduction of a permanent, industry-led body responsible for levelling up corporate governance standards and practices here was one of the recommendations that came out of the Corporate Governance Council to review the Code of Corporate Governance in 2017. Stefanie Yuen Thio served on that council.

The story can be found here (BT Paywall).


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