More training, tighter regulations needed as board directors face ‘increasingly demanding’ role

BOARD directors are facing increasing demands from regulators and the market, and need self-discipline to keep up to date on the affairs of their companies, say industry observers.

Mandatory training hours, performance appraisals and a cap on the number of directorships that individuals can hold were among some suggestions given by industry observers to nudge board directors to do their due diligence on companies.

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