2017 INDIVIDUAL MEMBERSHIP APPLICATION FORM SINGAPORE INSTITUTE OF DIRECTORS Excellence in Corporate Governance www.sid.org.sg
SID is the national association of company directors and was formed in the aftermath of the 1997 Asian Financial Crisis to promote and uphold high standards of corporate governance. SID s mission is to encourage the highest standards of corporate governance and ethical conduct. SID has a pivotal role interfacing between directors, boards, regulators and other corporate players. SID essentially presents the view and represents the interests of boards and directors. Initiatives include: SID together with the Centre for Governance, Institutions and Organisations (CGIO) of the NUS Business School were appointed by the Monetary Authority of Singapore as the Domestic Ranking Body for the ASEAN Corporate Governance Scorecard, an initiative of the Asian Development Bank. SID works with CGIO and CPA Australia on the Singapore Governance and Transparency Index (SGTI). SID co-organises the annual Singapore Corporate Awards with The Business Times and the Institute of Singapore Chartered Accountants. SID collaborates with the Singapore Exchange and other partners on a biennial Singapore Board of Directors Survey, and a biennial Singapore Directorship Report. SID Council and Committee members write a regular column in The Business Times called Boardroom Matters. SID, in collaboration with professional firms and with the support of the Accounting and Corporate Regulatory Authority, Monetary Authority of Singapore and Singapore Exchange, produces the series of Corporate Governance Guides for Boards and Board Committees in Singapore. SID has been a key partner in ACRA s efforts to promote corporate compliance and strengthening the integrity and quality of financial reporting in Singapore. We look forward to seeing SID continue to play an important role in the development of good corporate governance practices and as a hub for the professional training of directors. As an internationally trusted financial and business hub, Singapore needs to lead in corporate governance. SID plays an important role in inspiring and developing our corporate leaders and together, we will continue to advance and promote the highest standards and practices of ethical conduct and governance in the boardroom. Mr Loh Boon Chye CEO, Singapore Exchange Corporate governance is part of the fabric of society. It is a collective effort by all stakeholders, inside and outside the corporation. For over a decade and with renewed vigor, SID has been leading the drive for directors to play their pivotal role in maintaining the health of the corporate ecosystem in Singapore. Mr JY Pillay Chairman, Securities Industry Council DBS believes in the highest levels of corporate governance and in the unity of the industry. We have therefore been supportive of SID in its role of promoting best practices in corporate governance as well as its many initiatives for its members. Mr Piyush Gupta CEO, DBS Group Holdings Limited Mr Kenneth Yap Chief Executive, Accounting and Corporate Regulatory Authority
SID has an unparalleled role in director training and education. Its comprehensive curriculum (see map below) which also includes a track for nonprofit directors, provides for the full range of developmental needs for board members, from aspiring directors to board chairmen. COURSES FORUMS Focus Updates Advanced Essentials Fundamentals 20 19 18 16 14 12 11 10 Seminars & Conferences Current Topics (Talks, Roundtables, Forums) Annual Corporate Governance Roundup SID-INSEAD International Directors Programme CG Updates For Listed Companies Chairmen s Conversations SID-SMU Directorship Programme Masterclasses For Directors Business Future Series NEW! Governance, Risk Management and Compliance (GRC) Professional Training Course NEW! 9 Listed Company Directors Programme 8 Listed Company (International) 15 13 7 6 5 4 Governance For Family Businesses NEW! Directors Financial Reporting Essentials Board And Director Fundamentals Directors Compliance Programme So, You Want To Be 1 So, You Want To Be A Director 2 A SE Director NEW! Listed Company Private Company Social Enterprise (SE) 17 3 NP Governance Symposium NEW! NonProfit Directors Programme So, You Want To Be A NP Director NonProfit (NP) Organisation SID is well regarded by the business community. ISCA is happy to be working in solidarity with SID on common spaces such as financial reporting, audit committees and corporate awards. Mr Gerard Ee President, Institute of Singapore Chartered Accountants I believe that a public company should only elect directors that have an investment in the company along with formal and continuing education. SID provides an excellent range of high level professional development courses. I sent both our directors alongside senior management to selected SID s courses and found the courses to be very beneficial. Mr Jeff Chatfield Chairman, Avation PLC SID has tied up with regulators, universities and professional bodies to provide formal training for the continuing professional development of directors. These include: Accounting and Corporate Regulatory Authority for the Directors Compliance Programme. Singapore Exchange for the Listed Company Directors Programme (offered in English and Mandarin). Singapore Management University for the SID-SMU Directorship Programme. Top European business school INSEAD for the SID-INSEAD International Directors Programme. Institute of Singapore Chartered Accountants for the SID-ISCA Directors Financial Reporting Essentials. Social Service Institute, the Centre for NonProfit Leadership and the Charity Council for the NonProfit Directors Programme. SID organises seminars and forums and offers a network for the interchange of ideas in corporate governance and directorship, such as: The annual flagship SID Directors Conference. An annual year-end Corporate Governance Roundup. Chairmen s Conversations on topics of concern to board chairmen and the various board committees chairmen. Regular talks and forums on current hot topics of interest with professional bodies and corporate partners.
SID Individual membership benefits include: Access to Members only sections of SID website. Board Appointment Services. Discounted member rates for SID s courses, events, activities and publications. Members networking socials. Quarterly SID Directors Bulletin. SID s advocacy and drive for corporate governance excellence will do so much to liven and improve the boardroom scene in Singapore. This augurs well for the various stakeholders, including investors and employees. Mr Alvin Tay Editor, Business Times As the apex business chamber championing the interests of the Singapore business community, we support the Singapore Institute of Directors, its membership and its championing of good corporate governance as important elements of a welloiled and functioning business sector. Mr Ho Meng Kit CEO, Singapore Business Federation Sign up for membership today at www.sid.org.sg MEMBERSHIP ADMISSION CRITERIA ORDINARY MEMBER An ordinary member is one who: is or has been a director for two or more years; or is a senior executive for more than three years in a listed company; or is a partner of a professional firm (e.g. accounting and law) with more than three years involvement in corporate governance; or is an Associate Member who has completed the SID Listed Company Directors Programme, or SID-SMU Directorship Programme, or SID-INSEAD International Directors Programme. The SID Governing Council may admit an Ordinary Member if it deems the person s expertise, experience, standing or stature in the community to be appropriate. ASSOCIATE MEMBER An Associate Member is one who does not meet the criteria required of an Ordinary Member. GENERAL CRITERIA A person shall not be admitted as a Member if he or she is prohibited by law from acting as a director; or is an undischarged bankrupt; or is insolvent; or is not deemed fit and proper to be a Member by the SID Governing Council. (For details of the criteria, please refer to SID Bye-Laws on Membership at www.sid.org.sg)
SINGAPORE APPLICATION FOR INDIVIDUAL MEMBERSHIP INSTITUTE OF DIRECTORS Please return this form to: SINGAPORE INSTITUTE OF DIRECTORS 168 Robinson Road, #09-06/07, Capital Tower, Singapore 068912 Tel: +65 6422 1188 Fax: +65 6422 1199 Email: membership@sid.org.sg Website: www.sid.org.sg 01. PERSONAL DETAILS I wish to apply for admission to the following category Ordinary Associate Title (Dr/Mr/Mrs/Ms/Miss) Last Name First Name Middle Name/Christian Name Date of Birth Nationality Country of Birth NRIC/Passport No. Home Address Postal Code Home Phone Mobile Phone Email Preferred Email: Personal Business Preferred Correspondence Address: Home Business Highest Education: Doctorate Degree Master Degree Bachelor Degree Diploma Professional Certification Others 02. BUSINESS DETAILS Company Registration Number Designation Company/Organisation (in full) Is your company public listed? Yes No Listed on: (e.g.sgx, Nasdaq) Business Address Postal Code Country Business Phone Business Fax Business Email 03. INDUSTRY Which of the following business activities best describes your company / organisation? Please select one of the following: Accounting Architecture, Engineering, Building Banking, Finance, Investment Education Export, Import Food, Beverage, Tobacco Government Health Services Infocomm 04. PROFESSIONAL INTERESTS Please select as many subjects as applicable: Insurance Legal Libraries, Museums, Arts Management Consulting Manufacturing Marketing, Media, Public Relations, Advertising Printing, Publishing Professional Associates Professional Development Property, Real Estate Retail Sports and Recreation Textitles, Clothing, Footwear Tourism, Hospitality Trading Transport, Storage Utilities Welfare, Charity, Religion Accounting Board Meetings Business In Asia Code of Conduct & Ethics Commerical Negotiations Company Law Company Management Company Mergers & Acquisitions Corporate Governance Corporate Finance Directors Remuneration Dispute Resoultion Going Public Import/Export Industrial Relations Infocomm Insurance Investments, Banking & Finance Marketing Risk Management Securities Regulations Self-Regulation Small/Family Business Strategic Planning Taxation
APPLICATION FOR INDIVIDUAL MEMBERSHIP 05. DIRECTORSHIP Please list the companies in which you were/are currently a director: SINGAPORE INSTITUTE OF DIRECTORS Start Date (ddmmyyyy) End Date (ddmmyyyy) Company Type of Company - e.g. Nonprofit, Private, Listed (SGX) Type of Directorship - e.g. ID, NI-NED Board Committee - e.g. Audit, Risk How did you hear about SID: Advertisement Friends/ Colleagues Media Coverage SID s Activity SID s Direct Mail Website Have you completed a Company Directors Course?: Yes No 06. INDIVIDUAL MEMBERSHIP FEES Entrance Fees Annual Subscription Fees (select one option below) ASSOCIATE MEMBER $150 one-time $155 per annum ORDINARY MEMBER $150 one-time $185 per annum [First year (2017): from now to 31 December 2017] $ 75 $ 90 For 2 years: now to 31 December 2018 $ 230 $ 275 For 3 years: now to 31 December 2019 (15% discount) $ 327 $ 391 For 4 years: now to 31 December 2020 (20% discount) $ 432 $ 516 For 5 years: now to 31 December 2021 (25% discount) $ 521 $ 622 Subtotal Director of SID Corporate Member [Name of organisation: ] Further 20% discount Total payable Please make cheque payable to : SINGAPORE INSTITUTE OF DIRECTORS AMOUNT Note: 1. All fees above are inclusive of 7% GST. 2. Individual members are required to sign up for at least the current year plus one more year. A flat sum of about 50% of the annual subscription fee is payable for the first year regardless of individual s admission date. 3. If you are a director of an existing Corporate Member at time of application, you are entitled to a further 20% discount of your total annual subscription. This discount is only applicable at time of payment and will not be taken back. 4. Membership will be confirmed only upon approval by the Governing Council of the category of membership awarded to individual and payment of fees. DECLARATION I hereby apply for membership of the Singapore Institute of Directors and agree to be bound by its Privacy and Data Protection Policy, Memorandum and Articles of Association and Bye-Laws. I meet the general criteria for membership of the Singapore Institute of Directors. I confirm that the information provided above is true and correct, and that: 1. I am not prohibited or disqualified under the Singapore Companies Act, Cap. 50 or any relevant law in Singapore or any other jurisdiction from being appointed or acting as a director; 2. I am not an undischarged bankrupt whether in Singapore or elsewhere; 3. I consent to the collection and use of my personal data to inform me of related news, CPD activities, members benefits, goods, services and events. For more information, please refer to www.sid.org.sg. Name Date Signature