23
February
2017
|
16:32
Asia/Singapore

Shining more light on non-ED remuneration

Assoc Prof Mak Yuen Teen from NUS Business School opined that non-executive directors (NEDs) should be remunerated fairly for their time, responsibilities and contributions, but the remuneration should be appropriate and transparent. Issuers should disclose all remuneration paid to NEDs, including those paid for serving on other entities within the group. He added that all ‘emoluments’ paid to NEDs should be put to shareholders for approval.