Page 131 - Full Book_24.4.2021

In Retrospect

|
The Will to Suceed

|
bOarD aCtIvItIeS In 2020
Achieving a Leading Repute
The Board has oversight over the management and proper conduct of the business and affairs of the Company, with responsibilities to
review overall strategies, business, performance and policies of BHB.
In FY2020, the Board reviewed and deliberated as well as approved several matters focused on the following key areas:

|
StrateGy anD • Business strategy, budget for financial year ending 2020 and projections for BHB, key operating
FInanCe subsidiaries and its wholly-owned subsidiaries;
• Forecast for financial year ending 2020 on the impact of COVID-19;
• Sessions with BHB’s nominee directors as well as the Chief Executive Officer of the key operating Paving the Way for a Sustainable Future
subsidiaries held on a quarterly basis;
• Session with Chairman of Syarikat Takaful Malaysia Keluarga Berhad (“StMkb”) on STMKB’s
quarterly results;
• Quarterly financial report on Related Party Transactions and Related Party Balances for BHB and
its Group;
• Zakat computation for BHB and its Group;
• Re-appointment of External Auditor; 125
• Proposed Revised Voting Policy of BHB and its subsidiaries;
• Proposed Renewal of Group Term Family Takaful and Group Personal Accident Takaful for
Directors;
• Proposed Renewal of Directors’ and Officers’ Liability Insurance;
• Proposed Dividend Reinvestment Plan by BHB;
• Proposed Interim Single Tier Dividend for the Financial Year Ending 31 December 2020;
• Proposal on Group Synergy and Shared Resources by BIMB Securities Sdn. Bhd.; and Adhering to the Best Governance Practices
• Update on Corporate Restructuring Exercise of BHB Group.
rISk, COMpLIanCe • Review report on subsidiary Long-Term Incentive Plan;
anD OverSIGHt • Updates on COVID-19 measures and controls; |
• Modification loss and Proposed Mitigation Plan;
• Corporate Governance Disclosure and production of Integrated Annual Report 2019; and
• Review of Business Zakat Guidelines.
GOvernanCe anD • Annual Board Evaluation; Laying the Foundation for Financial Growth
SuCCeSSIOn • Declaration of directorship and professional commitment by Directors;
pLannInG
• Declaration of independence by Independent Directors;
• Directors’ Training for 2020;
|
• Proposed re-appointment of Tan Sri Ambrin Buang as the Chairman/Independent Non-Executive
Director of BHB;
• Review of the Remuneration and Benefit for the Directors of BHB;
• Total rewards (variable bonus and salary increment) for staff of BHB;
• Nomination for appointment of a principal officer at Syarikat Al-Ijarah Sdn. Bhd. and BIMB Additional Information & Disclosure Summary
Securities (Holdings) Sdn. Bhd.; and
• Review of Board Charter and Terms of Reference of Board and the Board Committees.

|
24 th AGM Information