From the 1MDB scandal to the recent revelation that over 430 independent directors in Malaysia have served on the same boards for more than 12 years –it’s time to address the cracks in Malaysia’s governance structures.

The newly released FIDE Forum Board Culture & Leadership 2025 Report exposes a critical truth: compliance alone won’t prevent the next
crisis. It’s time to move beyond checklists and confront the unspoken dynamics shaping our financial institutions — groupthink, power imbalances, and over-reliance on regulators.

Tay Kay Luan, CEO of FIDE FORUM joins NIAGA SPOTLIGHT to discuss how Malaysian boards must lead with integrity, refresh their ranks, and reclaim accountability.