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FOCUS POINT TALK "WHAT ARE THE ROLES & RESPONSIBILITIES OF EDs, NEDs & INEDs" BY MINED ON 21-9-2026

21 Sep 2026
FOCUS POINT TALK "WHAT ARE THE ROLES & RESPONSIBILITIES OF EDs, NEDs & INEDs" BY MINED ON 21-9-2026
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FOCUS POINT TALK SERIES 3 ''WHAT ARE THE ROLES & RESPONSIBILITIES OF EDs, NEDs & INEDs'' BY
MINED (MALAYSIA INDEPENDENT NON-EXECUTIVE DIRECTOR ASSOCIATION) ON 21-9-2026

 
The Focus Point Talk Series 3, with the topic of ''What are the Roles & Responsibilities of EDs, NEDs & INEDs'' was organized by MINED (Malaysia Independent Non-Executive Director Association) on 21-9-2026 at HELP University, located at Bukit Damansara, K.L and was sponsored by Dato' Mona Suraya Kamaruddin (President of MINED) and HELP University. 

The event began with a welcome speech by Datuk Dr. Paul Chan, Chancellor, HELP University, followed by the main talks & sharing by Adj. Prof. Dr. Jimmy Loke (Founding President & Immediate Past President of MINED) and  Mr. Kelvin Chong (Strata & Land Consultant The Founder of CSF Property Consultancy).

Adj. Prof. Dr. Jimmy Loke:

The Roles and Responsibilities of EDs, NEDs & INEDs.




Executive Directors (EDs):

EDs are internal directors who double as full-time senior managers of the corporation.
  • Who they are: Typical examples include the Chief Executive Officer (CEO), Chief Financial Officer (CFO), or Chief Operating Officer (COO).
  • Their role: They are responsible for the day-to-day operations, implementing the board’s strategic goals, and managing the company's employees and business units.
Non-Executive Directors (NEDs)
NEDs are external board members who are not employees of the company.
  • Who they are: They are often appointed for their specific industry expertise, prestige, or because they represent a major stakeholder. For example, a founder who stepped down from management but kept their shares, or a representative from a venture capital firm, acts as a NED.
  • Their role: They attend board meetings to provide objective criticism, monitor executive performance, and assist with high-level strategy. However, because they might own a massive amount of stock or have past ties to the company, they are not considered fully objective.
Independent Non-Executive Directors (INEDs)

INEDs are a specific sub-category of NEDs who have absolutely no financial or personal ties to the company, its executives, or its major shareholders.
  • Who they are: Completely disconnected outsiders who are paid a flat fee solely for their time on the board.
  • Their role: They provide the ultimate layer of unbiased oversight. Their presence is crucial for corporate governance, ensuring that the executive team acts in the best interest of all shareholders (especially small, minority investors) rather than just themselves or a majority owner. They typically head critical board committees like Audit, Remuneration, and Nomination.
Mr. Kelvin Chong:

The Corporate Governance in strata living: Defining Roles & Responsibilities of owners, committee , Property Manager and Government.

 
The event was attended by more than 100 participants, comprising professionals, prominent personalities, corporate leaders, educationists, representatives from government bodies, and other distinguished guests. The event received an overwhelming response, with participants greatly benefiting from the valuable knowledge, insights, and experiences shared throughout the session.


Thank you.
 
Best Regards,
 
(Dr.) Beh Hock Heng (P.J.K.) (012-3111 367)
Managing Director
Culmi Air-Cond & Refrigeration Parts Supply Sdn. Bhd.


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