Corporate governance of Great Eastern Takaful
Memorandum & Articles of Association (“M&A”)
Board of Directors Charter
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Anti-Bribery and Corruption Policy Statement
Whistleblowing Programme
Details on Board Composition
Board of Directors
Composition of Board Committees (as of 8 August 2026)
| Board Committee | Composition |
|---|---|
Board Audit Committee |
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| Board Nominations and Remuneration Committee |
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| Board Risk Management Committee |
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| Governance Committee |
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Appointments, Resignations and Removals of Directors during the Financial Year (as at 8 August 2026)
- Retirement of Mr. Norman Ka Cheung Ip as Non-Independent Non-Executive Director (7 August 2026)
- Appointment of Mr. Lian Wee Cheow as Independent Non-Executive Director (8 August 2026)
Training and Education Provided to the Board (as at 31 December 2025)
The Company has an in-house orientation programme in place for newly appointed Directors to familiarize themselves with the operations. In addition, the Directors are provided with the opportunities to attend any relevant training programmes on an ongoing basis to keep abreast with the latest developments, including the Financial Institutions Directors’ Education (“FIDE”) Core Programme. The programme promotes the strengthening of Board competencies in dealing with corporate governance, strategies and risk faced by the financial services industry.
During the financial year 2025, the Directors, collectively or on their own, attended seminars, courses and briefing organized by professional bodies and regulatory authorities as well as those conducted in-house, among others as follows:
In-house (Board Educational Series):
- Great Eastern Data Centre (Cyberjaya Visit)
- The Board’s Role in adopting the new global internal audit standards organised by Singapore Institute of Directors (”SID”)
- Ransomware Response Framework organised by Ensign Info Security
- Safeguarding the Board Navigating Anti-Money Laundering organised by Asian Institute of Insurance
a) Money Laundering / Terrorism Financing / Proliferation Financing: Complexity & Its Impact on Law & Compliance to Financial Institutions
b) 2024 Ransomware Exercise Report and Recommended Framework
- Distribution Expenses – Key Campaigns and Contests
- GETB’s Takaful Operational Model (“TOM”) Simplified
a) Information Technology (“IT”) Strategy
b) Cybersecurity Defence Roadmap
c) Regional Services Centre
- GETB MFRS17 Journey Recap and Financial Implications & Engagement Session with Shariah Committee
- Board Oversight – Shariah Non-Compliance (Part 1)
- Introduction to IFRS Sustainability Disclosure Standards
- Board Oversight – Shariah Non-Compliance (Part 2)
Number of Scheduled and Ad-Hoc Meetings convened by Board and Board Committees in Financial Year 2025 (as at 31 December 2025)
| Board of Directors | 10 |
| Board Nominations and Remuneration Committee | 6 |
| Board Audit Committee | 5 |
| Board Risk Management Committee | 6 |
| Joint Board Audit Committee and Board RiskManagement Committee | 2 |
| Governance Committee | 2 |