(File pix) Bursa's top 100 public listed companies have registered a 15.2 per cent increase of women on their boards, according to 30% Club Malaysia. AFP Photo

KUALA LUMPUR: Bursa's top 100 public listed companies have registered a 15.2 per cent increase of women on their boards, according to 30% Club Malaysia.

30% Club Malaysia, a business group which campaigns for more female directors on company boards, said that its mission is to achieve a 30 per cent target of women on companies’ boards by this year.

Co-founding chair Tan Sri Megat Zaharuddin said business leaders are espousing the mission to achieve the 30 per cent target as a proven business case for improving leadership, governance and ultimately increasing shareholder value.

“Our 30% Club campaign acknowledges that to bring directional change, we need top men and women to join us in leading the charge,” he said in a statement.

“At Maybank, we are in the process of adding more women on our board in the next few months," he added.

Another co-founding chair Tan Sri Zarinah Anwar said gender diversity is a business imperative, therefore gender must be a key consideration when it comes to hiring talented employees.

“We need to urge companies to place more women on boards where they are the best candidate and encourage other chairmen to commit publicly to this effort," she said.

The second series of the Business Leaders Roundtable meeting was held recently at Menara Maybank Kuala Lumpur, which generated high senior-level participation from distinguished corporate chairpersons and board directors such as Tun Mohamed Haniff Omar, Tan Sri Francis Yeoh and Tan Sri Saw Choo Boon.

Others include Tan Sri Abu Bakar Suleiman, Datuk Abdullah Yusof, Datuk Hajjah Zurainah Musa and Datuk Mohaiyani Shamsuddin.

Key stakeholders from the Performance Management and Delivery Unit and Department of Women’s Development were also present to lend support behind the business advocacy group.

Megat Zaharuddin said the series of roundtable meetings is meaningful in creating an effective discussion amongst business leaders, coupled with valuable input from key corporate captains of the various industries, to bring about sustainable change driven by merit.

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